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Replies to #25077 on lowtrade
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lowtrade

09/12/11 3:57 PM

#25078 RE: Picassa #25077

Not retaining anything learned? You have a strong run, with a high exhaustion candle spike and red day following. Signals retrace to follow!

You only buy on weakness, if you are a long shareholder, which KNOWS the company and plans on adding to your position on a pull back.

You don't take first positions in a retrace. You take them on down trend reversals.