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

To: penthouse mike who wrote (50861)	5/28/2013 9:53:00 AM
From: GROUND ZERO™	2 Recommendations Respond to of 219182

Yes, I plan to hold until the next sell signal itself... I fully agree, weaving in and out is not the best way to follow the model, and it also doesn't really pay in the long run to weave in and out so much... while one may do better on some trades, there are also times when you would miss the cream itself, as you phrased it... so, simply taking the signals as they come and not messing with the position during that signal is the best way to go... I fully agree, simply following the signals is the best strategy no matter what... one just has to keep a light position to be able to ride out the wild swings, but simply following the signals faithfully has always been the best thing to do... Longer term, I think this is a major break out to the upside of a broad 14 year trading range, I think this rally is only beginning now, this is why I'm much more willing to buy and hold right now... also, I can enjoy the ride without having to worry about every tick... GZ