Richard, thanks. In all honesty, in *retrospect*, I did 'overlook' a particular TA signal that should have/could have gotten me out in an extremely timely manner. I failed to fully perceive that signal. Instead I felt that, even with an end-of-day drop, there would likely be a gap-up in the morning, and that I'd sell ten minutes into the opening. Well, after the close of market that very day, a press release was issued that the company had just declared bankruptcy.
So, I guess that when one gets *really, really* good at this game, one takes signals very, very seriously, and takes action without hesitation when warranted.
I have O'neil sitting right in front of me, shiny and new.
Nicholas |
