Virus concerns in this market = sell first, ask questions later.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
You have just defined fear. PS-Feel the fear but do it anyway.
Swimming against an outgoing tide is neither fun nor a way to make progress. I sold very shortly after HLG crossed down through the 100 day moving average line.
Its unlikely I will buy back in until at earliest, it breaks back up through the 30 day moving average line. Fundamental's are one thing, technical analysis another.
The most money is to be made when TA and FA are in sync...I refer to this as an incoming tide and even those doing dog paddle can make great progress in such conditions
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Swimming against an outgoing tide is neither fun nor a way to make progress. I sold very shortly after HLG crossed down through the 100 day moving average line.
Its unlikely I will buy back in until at earliest, it breaks back up through the 30 day moving average line. Fundamental's are one thing, technical analysis another.
The most money is to be made when TA and FA are in sync...I refer to this as an incoming tide and even those doing dog paddle can make great progress in such conditions
As long as you hug the VWAP chasing it down or close to it then you are making progress. PS-Im a strong swimmer.
Originally Posted by winner69
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