Humble1 and Swing Trading Friends Message Board

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Strategies & Market Trends : Humble1 and Swing Trading Friends

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To: robert b furman who wrote (4602)	1/9/2011 12:03:16 PM
From: Fintas	Read Replies (2) of 41060

That is why I let tne NUMBERS rule and not my opinion. As I have presented I use strings of numbers. Those strings consider both sides of the coin. Up or down. As I watch other nuances such as the bell curve and basic charting I'll monitor the depth and then look to where I am re a string. Another uses a clx to accomplish similar. So yes you are correct re rolling. NOT sure re the timeframe for as stated I AM NO timer. I let the many talented here and other do that. I just listen and check against my numbers to either support or disagree. That is why I had the debate elsewhere re SPX 950. Yes charts and other suggested it could happen BUT the NUMBERS didn't support it. Thus it did NOT happen. And my concern as one who reads or posts is to help those who are not as expereinced to not sell on fear nor should they ignore a top. That person screaming it was going down was wrong and I'm afraid flushed many out. Yet when he spun like most who play this game they don't give a hoot about who sold and left lots on the table. My goal is to try to do my best to ensure many do not LOSE in either direction. So if one were wanting to buy a stock. Yes conisder a downside but also temper it with other details to ensure you don't get greedy down just as you wouldn't get greedy up. Ex recently someone posted BAC could go into the 9's. Yes some number supported such but other nuances said NO. Thus it didn't happen. I know a few who didn't buy at the 11 because they actually believed that number. Just as I know many who did not buy at spx 1001 because they just knew spx 950 was coming. Ater all Prechter said so/Roubini said so. xyz said so. WRONG!!! I'll only be adding to CALLS. I'll ingore pullbacks in the oens I own and because I don't think we will go too deep in the ones I hold I'll NOT write covered calls. Oh and how many heard me re JDSU long ago as it recently passed 16. Yet the real money was in those 5's bought when the stock was under 4. That dip to the recent 9's was just the game of reconciling or NEY 101! Be well I'm not going to edit this re spell check so many can see the basic errors my brain/eye makes during this recovery. UGH.

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