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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (44758)1/28/2013 12:41:16 PM
From: Fintas  Read Replies (1) | Respond to of 221975
 
I'm beginning to realize such. I'm always talking LONG term with no time considerations and that can cause many a trader to react.

When I took JDSU under 4, I had a 29.16. It took a strong 3 years for it to play out. Lot of ups and downs. Yet when the downs came I was not surprised for I expected them. Just as when the stock hit 29 I was not surprised. Many I knew how were flushed out were. Even though I did my best to comfort them. They just allowed fear to grab them. But more importantly did not know how to exploit any downside.

Yet when one expressed surprise when the stock target was hit and relayed it to me. I said to him, why would I be surprised. I did the work, I held it for a few years. I expected it. The only ones surprised were those who just do not trust their work.

On an aside someone put up a bounce to 540. NOT sure it goes there in one direct shot. IF it happens and it PROBABLY should if APPLE is healthy. IT COULD be up to 480 ish..Down to retest and then UP to the 540. IF the sellers don't believe all is well then up to 480 and down to retest and go under. Regardless play it as you feel comfortable. I just play the game with apple as I did with JDSU. OK JDSU up to 7 back to 5 up to 9 back to 7 etc etc. UNTIL one day it was 17 ish to 29.12 in 5 DAYS. I was out at 28 ish. I live for those moves.. HMM but does it have to take 3 strong years to get to that moment. On an aside I re entered JDSU at 9.15 ish for the return up. .

OH I have NO position re apple, never have and do not intend to do so. It's just fun to watch and can have impact on indexes.

Be well

Fintas