suffice it to say that Pristine Platinum room has probably consistently been led to trade against the trends of " shorting all rallys ", all along ... Why would anyone want to be looking for sparce longs in a choppy bear-market environment ? There just is no sane answer to that question.<G>
It has not only been unwise , but must have been a completely draining experience , and left many walking wounded completely frustrated & trading too much getting stopped out of trades time after time.
If I were running a room and making it my chief aim to make money for people trading there....
it would have been the easier thing to do to just continue to ride down and continue reshorting the worst of the warnings plays that have sealed their fates all along . What professional trading service could ignore the recent gains of continuing shorting of the obvious following:
INKT's PPRO ARBA CMRC IWOV EPNY in the B2B's, or the TLAB's VTSS AMAT KLAC XLNX EMKR ALTR INTC MU IDTI and other Semi's and the RBAK's EXTR JNPR CIEN JNIC FDRY SONS and SCMR's in the infra/harwares
and many of the BIO's , all complete ----> gimmie's...!
Something to do with "Technical Analysis" ? long and short trigger entries and exits ? but maybe also more to do with encouraging people to trade more , perhaps ?
If anyone is paying $400/mo+ for a professional trading service like that and hasn't added at least 25% more into their accounts in the last month they should really wise up, wrap it up , and cancel it ------> ASAP , IMO.
* *I was in that room sometime back during the last run-up for Global Crossing to the $20's in feb... and the insane levels of bullishness in there made me feel i couldn't find the door fast enough. <G>
One day in that "room" , was one day too much for me, and it was just as chaotic then as these recent reports ....totally nutz.
and for $400 a month or what ever it is ? ----------->Phew!
regards
;-)
mars
PS : I wasn't in the slightest bit tempted to go in there the other day , as I said above , being in there just once months ago was enough for me ....now onwards. |