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Technology Stocks : NOK... without the BS
NOK 6.775-3.6%3:59 PM EST

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To: Lahcim Leinad who wrote (8)8/6/2012 7:09:44 PM
From: sense  Read Replies (1) of 580
 
I don't have any problems with trading it or anything...

It's just not very high on my list of things I'd want to be focused on trading, right now... Any successful trade is a good one, still... whether you chalk it up to "lucky" or "good"...

I agree with you that NOK isn't at an overly obvious entry point for a long trade, right now... just based on the imbalance in the risks versus the market behaviors we can see, and the charts, of course, at the current price, aren't particularly compelling...

I'm "value focused" enough, and intent enough on the majority of success depending on "buying low" that I'm pretty big on looking both for those "inevitability" factors I want to see, and on picking off shares as close to the bottom as possible, even in my trading...

When I'm bottom fishing... I'm not looking for thermoclines...

I'd rather miss a trade once in a while... than miss my call on a bottom by calling it too early... which is WAY too common an occurrence for most people...
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