to all: as a very successful technical/chart/PSY-chological stock timer, just thought you'd be interested in knowing I recently added KMX, at 14 or so, to my "PSYCLE sm" long BUY list, on margin only where suitable, or the long-term, in-the-money 12 1/2 calls, where suitable, with a close stop below the recent low, in diversified protfolios only, for a rise towards obvious resistance in the 17. area
I am not a short-term trader, and have had much success over many years, ignoring 95 % of all real or perceived "fundamentals/news, etc." which, historically, have been of little or no "directly helpful price predictive value" with stock movements....also check out NAK, in similar ind. group, around 8., w//close stop, but not quite as attractive as KMX at 14- ish....my "PSYCLE sm" employs ind. group rotation to further help time potential future moves....also, we eliminate all emotional problems from the process, and have NO needs for excitement or PSY-chological help....we let the normal, usual, repeating patterns of chart and human behavior help us, long, and short....I also teach my "PSYCLE sm" to nice, serious, interested people, best wishes to all,
P.S. let's see if it gets towards $ 17, B4 expecting further breakout...I will keep in touch if does so... |
