RE:RE:IndicatorOldnagger, i hear ya. Just last 2 times NVA hit 83 RSI both had large pullbacks. $4.10 to $2.97, and before that $2.67 to $2.05. Those long drawn out pullbacks were painful.
Hey, if we get a big correction I will buy back that 25% and get more shares. If it continues up, great as i still have a lot of shares. I will then look to allocate these new funds to another sector that has has a pullback.
Oldnagger wrote: A long time ago , I was approached by a technician who wanted to sell me a system that never missed. He trotted out a long list of commodities and proceeded to show me how on each and every one his system was profitable. After scratching my head for a while, I decided to ask What about the commodities that are not on your list? Oh he said only one third of all the commodities were profiable , another third broke even and the last third lost money !!