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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: profile_14 who wrote (2133)2/4/2005 3:34:39 PM
From: kodiak_bull  Read Replies (1) of 13449
 
Sorry, I've heard the homeboy short siren song for too long. Jeez, I used to be one of the lead singers in the band. I learned a great lesson from the homeboys (and KKD and PNRA) which was don't try to call a top and don't be on the wrong side of the trend. When a stock keeps making higher highs and higher lows, in my universe that's an uptrend.

Each place you've bought puts you would have been better served to have bought calls,don't you think?

Whenever I see a phrase like your " It does not compute, add up, or make sense. It is stupid. Just plain stupid," I see someone having an argument with the market. (In this case the market is easily defined: the power of buyers vs. the power of sellers in TOL stock.) Having an argument with the market is like having an argument with the tide; there can only be one winner.

Kb
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