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Prime example,,I'm in FLC at 7.50 avg,,It came up against a triple top today at 9.00, and broke through(very bullish). An immediate spread double sits at 9.50 and we need an intraday high of 10.00 to break the spread(very, very bullish)..I held the last time and road it back down to 7.00..Figuring I got smarter since then,,I sold at 9 3/8,,only to realize that it was truly "stinking thinking" on my part...bought it back at 9.50..I have to learn to not question the P&F charts,,and take the nervousness out of the equation<g>.. Sometimes,I'm my own worst enemy<g>...I will ride it where ever it goes(I hope<g>),and take a long approach,,just get nervous when they jump 20%+ in 2 days..DD |
