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To: Win-Lose-Draw who wrote (131085)4/16/2012 6:40:43 PM
From: Lahcim Leinad1 Recommendation  Read Replies (1) | Respond to of 213173
 
OT: Like I told him and the guy who doesn't pay up $500 bets but claims to own 1.6 million shares of NOK, supposedly at somewhere north of $5: I'll get in when it retests the bottom and begins its uptrend.

Always seemed like the sane thing to do, up to now. To me, anyway. Your milage may vary.

Said that to them when it was a whole lot higher than it is now, and they were jumping up and down about loading up. Repeatedly. While they were shorting AAPL.

Oh, and before they banned me from everywhere they could, to shut me up about it. Say no more.

The most important rule of trading still applies, as far as I can tell: buy into uptrends, not downtrends.

NOK has not yet started an uptrend. Not in my book. When it does, I'll be there to get in. Bank on it!