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To: Henry J Costanzo who wrote (126405)11/23/2005 5:34:07 PM
From: IHateSourCream  Respond to of 209892
 
Hi mc,

Thanks for your feedback on AMGN and GOOG. As always, your input is greatly appreciated.

>>..and what, pray tell, was foolish about holding on to a stock in a clearly strong technical position..in a decided uptrend, refusing to fill underlying gaps,with favorable MAs etc. etc. AND with a big fat triangle having been busted open and promising a dash to well ABOVE 100......<<

Well...it probably would have been better if I had adhered to my planned stop and reentered when the chart looked healthier (thus avoiding that ugly drop), but...if you insist on making me look good -- I won't argue! <vbg>

>>A "plunge" (???) on the order of 10% down from the average price level of late Jul-Aug completely retraced in a matter of 2 short weeks!!

Ah, the younger generation.......SOOOO demanding !!..
<<

OK...perhaps a bit dramatic. While it was happening, it felt more like a landslide. But now that the stock's recovered somewhat, I'm willing to call it a "dip". Is that more reasonable? <g>

By the way, it doesn't seem that I have company in GOOG. At least no one has chimed in. Truthfully, that surprises me. GOOG needs more love here in Clown Free land! <vbg>

Here's wishing you and everyone on this terrific thread a joyful and healthy Thanksgiving. And while I'm in thank you mode -- just want to say how grateful I am to the entire gang here for the fantastic TA you all so generously share. I'm constantly learning from all of you.

All the best -- IHSC