John, the intraday charts may look alike, I don't know, but you would agree with me, Im sure, that the charts over the past 2 weeks look NOTHING similar. I am amazed at anyone that bought into that am "rally" today. Like the other person said, John, the time to sell is in the am and they time to buy is pm. I commend your courage to buy today, but other than wishful thinking, I don't know why you expected the rally to continue. The trading pattern of this stock is the highs during the morning, and then a final burst of selling limping into the close. It's amazing how much the day trading shorts have made on this one in the last two weeks. All i know is I am down $50K on paper:-(
So, with that in mind, I dont want to hear any crap from you John about courage. To me, I am doing the courageous thing by holding this stock.
Steve |