Confession: I don't have a clue what the market or an individual stock is going to do. All I know, is if a stock is in a downtrend, not working, not doing what I expected, and it is sucking my money and energy down, then a positive response is to remove the negativity and have energy and funds available for investments or trades that feel and look better.
pretend you are not in a stock. would you buy it here? if the answer is no, then it is a strong candidate for dumpage. this works a lot more then it doesn't. before i buy or sell a stock, i look at my chart on it. trend, stochastics, BB, etc. I use that as a guide about equal with feel - feel meaning fundamentals on the stock, sector, etc.
good conversation we got going here. its what the Z is all about. larry |
