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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: Z-M-L who wrote (2235)5/15/2010 11:36:43 AM
From: Fintas  Respond to of 41037
 
ZML..That is what I enjoy about your work. Your ability to consider many variables to consider a move.

Too many only looking at one way and because of such missing a detail that suggests time to leave.

YEARS ago I had a target to the downside for AMAT of 19.73. I held fast to it. Wouldn't budge. My work had been spot of for years and I was sure I was right. Well ol AMAT had it's own mind as did those who PLAY with equities. And the number down was 21.38 which was ANOTHER number I had but just didn't believe it. Well OL amat spun and was at 39 before I could blink. And the bottom line the loss of that position cost me M'S As in BIG M'S. AMAT peaked at 460 pre split in less than 2 years. Learning lesson? Be constantly massaging your own work and while doing so consider the work of those who show themselves to be cutting edge. You and many here demonstrate such. As do some on another board.

I do hope we are right for we can make some nice moolah to the upside on this next move but more importantly over the next few years. Be well