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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (46231)	12/9/2021 4:05:05 PM
From: Sun Tzu	Respond to of 96742

+/- 10% should not matter if you are planning to hold for decades. Change the dates on the chart I sent you to span the last 20 years or so. How often has UL touched the long MA? How would you have done if every time it came close and went below you kept buying? People lose money because they use the wrong timeframe for their trading style (or vice versa). I am holding some CGEN at big losses (percentage vise, not in absolute). But I am not worried about it. I actually have a set of GTC buys going a lot lower. I expect that some time over the next 2 - 5 years it will triple from here. What it does from week to week doesn't matter.