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To: robnhood who wrote (21001)11/14/2009 9:39:26 PM
From: TheSlowLane1 Recommendation  Read Replies (2) | Respond to of 233807
 
That maxim is kinda useless without a timeframe. Are you looking at a monthly chart? Weekly chart? Daily chart? 15-minute chart? Does that mean every intraday pullback should be sold? With all due respect, it's easy to utter generalizations but, I would submit, of little utility to anyone.

Anyone that bought EVG.v between May 2008 and mid-July 2009 is sitting on a profit. So from their perspective, the stock is "going up" in the sense that if they sold it now they would be returned more rectangular pieces of numerically-denominated colored paper than they forked over for it.

On CD's thread you commented that DMM.to has a better logo than EVG.v. If you find that to be a consistently successful analytical tool then more power to you, but I am doubtful that many here will find it to be a compelling approach. <g>