yeah, I'm trying REAL hard not to get shaken out of my one long position. But, I've learned so much in the last 5 months, I know better than to hold through a market decline. I've even managed to learn a few things to pay attention to, which might portend a decline. And guy, you are one of those indicators <g>
I've been in the stock a real long time (and long term I'm pretty sure it's big...and no it ain't nutz) but, I didn't know squat about "the market" or technical analysis; just good research. Ironically, my brother worked on wall street for many, many years doing all the TA for Jerry Apel (the guy who invented MACD). Once and a while he would say, "the chart looks like crap" (after the MoMo went out of the stock). I would say, "they got this, that, and the other thing in the pipeline." He would cave in and buy on my reco. Then, he would curse the stock like a drunken sailor, next time I spoke with him. Now, I'm learning A LOT OF TA, and I look back and go, "I should have sold here...I shouldn't have bought here, yada, yada..." Now, I've got to deal with a tough market environment, but at least I know not to bleed to death.
Thanks for your input! |
