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To: kidl who wrote (37081)6/21/2015 12:21:17 PM
From: 31Floors  Read Replies (1) | Respond to of 49402
 
Ok fair enough! Yeah it hasn't been kind, lately. Funny (not!) how those paper profits can get ripped up without any effort at all. So IBH is another one for the patience file. There are some great catlysts out there that we've been waiting a long, long time for. I think these will keep it north of resistance. I'm not selling any here that's for sure.



To: kidl who wrote (37081)6/21/2015 9:32:31 PM
From: forbrydelsen  Read Replies (1) | Respond to of 49402
 
Strikes me that its short term oriented Traders that follow these websites offering trading direction and they may well do fine following the site's arbitrary advice but Investors often would do better in doing the exact OPPOSITE of what these trading recommendations suggest. When a stock is getting very oversold and all technicals are negative then for contrarians thats usually the best time to be buying. Of course if you can wait for the bottom turn to take place and catch it on the way up, then thats a less risky strategy. Just like when a stock is doing well and all the retail investors are piling in right at the top when people are all posting such wonderful technicals. Do the opposite of the herd and you'll do better, unless you can successfully daytrade which very few people have the time or discipline to do effectively.