You obviously do not understand either margin or the power of being up.
No, you obviously don't understand arithmetic or the power of common sense. I responded to a post where it was said that a good strategy was to put a limit buy order in for 15-20% below the high.
This is fine if one has unending funds to buy on every dip, or they sell shares at some point to realize profit. A major sticking point over on FORE, where people are claiming to be realizing huge profits after recommending the stock all the way down from the 40s to the teens.
The missing piece of this strategy is when to sell, and how much cash to keep in abeyance for those buys on dips. I attempted to ask these questions about 4 times yesterday, and still received no response. Except from you of course.
Don't hold a grudge over a guy that obviously has a lot more money than us.
Speak for yourself. You have no idea of how much money I have. Although I believe Eric may be truthful, you don't know how much he has. People who have made a lot of money usually do not brag about it, as they need to prove nothing.
I am very glad that I sold it all at 6 point loss.
You are obviously not someone to offer investment advice, having taken since June to make the $12,000, and losing $8,400 in under a week. Another arithmetic no brainer.
Now, if you have an answer to my past two questions, you are welcome to oblige. But please don't tell me more about the power of being up, whatever the hell that is |