Chris,
What is the squirrley purple line?
I am a odd person, but I am not selling just yet, there are 3 weeks left before earnings, and in addition to charting, past experience is important to use as well, not alone, but together with other indicators.
I have missed the pre-run 3 of 4 last earnings, and if I am not mistaken, it hasnt been in a bull market overall, in fact last earnings companies like INTC, CPQ, HWP, IBM got beaten up quite a bit before DELL reported, which caused severe volitility.. even more than we are seeing now.
I suggest to use caution, but dont be so worried that you miss out.. |