Frank,
What a classic statement!
You did predict a retracement and another perhaps buying opportunity.
Pardon me while I go and retrieve another fifth of George Dickel!
While I had the good sense to exit all long positions, and only held your current folly (AZTC) on the strength of your recommendation, I am not bitter, the damage to my account is done, and I hope that more has been done to yours than mine!!
I might add that I violated every trading principle that I know on the strength of your august recommendation, and I am currently very much underwater on that!
What you should tell me is that I am my own trader, and that I should read my charts, and make my own decisions, and not listen to any "Gurus" like you!
Well, Frank, you are the last to be blamed by me! I looked at the chart, and I knew that it was going to at least 4.50, and I decided to hold, then I watched it decline from there. My fault for not setting a stop, but I did not, and that is where I am.
Welcome back, and let us collectively try to discern market direction here!
A couple of days ago, I had a divergence in the DWIX price moving up and indicators moving down that proved prophetic.
I now have the NASDAQ 100 at a 50 period low. Indicators confirm.
Gold and bonds just quivered in this process and I see no response there.
While I do not discount the strength and brevity of this crash in the "new economy stocks", and I am compelled to add that there will certainly be a period of transition, I am predicting a continuation in the "paradigm shift", and that is where I am.
Now, Just back from a refreshing vacation while we all suffered,
What say Ye?
Welcome Back,
Poor Jack! |
