Just a thought here...
We all need to do our own DD and be happy with those decisions. If that is done, and we trust ourselves, then we can easily weather any naysayers here. Although TA on BB's may not make sense to some, I've been using some fairly cheap charting and analysis software that gives confirmation to the direction we Rocketeers are headed. I use this as a confirmation only because so much can change on these stocks.
For example, monday night, our 3 stocks showed in a temporary overbought condition and it predicted a down turn in the next several periods, but long term is bullish. So, armed with this information it was not difficult to hold and NOT SELL. Could have made some $$ short term and as it turns out, bought back in lower, BUT no one is perfect at exactly when these are going to rocket and missing the moon shot for a few $$ would make me feel pretty silly.
Anyway, hang-in there all. If you have the inclination, pick up an analysis package (this is obviously not directed at those with Level II and all the gizmos). At least with a little effort, you can see what's happening and where things may be going so as not to panic under fire!
PS I'm NOT an expert at TA so please don't ask. I know just enough to satisfy my need for confirmation of other DD [after all, I'm just the Janitor here]! |
