'My new Mantra; Trade with the trend ! (This does not deny the primary importance of fundamentals in any way)'
Hmm, that looks so much like a dash of lip service tacked on at the end -g- ... Bear Creek got run way up during a time i wasn't in the market much, never followed it to any degree, so can't comment, now its chart is getting interesting though, should put it on the study list, probably will
Let trend and relative strength rule absolutely, and you end up buying tops ... nothing goes forever in a straight line, to everything there is a time, and a season, unto heaven, a stitch in time saves nine, pride goeth before a fall ... i dunno man, but when they run sales on my favourite rye cracker and sardines at the grocery store, i load up ... on the other hand, yes the obvious retort, some of these productions seem to have passed their best-before dates ... or not yet quite reached their best-after dates? - both maybe, in many cases
There has to be a balance ... bottoms happen just as surely as tops, look at every chart since the beginning of Time |
