RE:RE:Key Level480Mayham wrote: starsearcher40 wrote: $42.50 is an interesting key level. It has been known support, and has acted as such, but this is now the third time where the level is challenged to the downside. Any rallies so far have been a series of progressively lower highs, with the brief rally this morning barely eeking out $43.50.
So now it gets interesting. If $42.50 fails,, for real, the stock then challenges new lower levels, the next one being $38ish. Yes, the stock has bounced up a couple of times from lower levels. I think that's the $42.50 level still in force, with the stock overextending the downside under the belief that the $42.50 was valid.
We'll see what comes.
I guess you have chosen to ignore my earlier question, I assume you are pissed off at me, that's fine. Your are now fully insinuating that we are heading down to $38. In fact both you and TechnicallyHigh are doing so. If you are correct good on you but what if you are wrong? Does the simple retail investor on this board get a heartfelt apology from you? The reason I ask is that you do realize that some numbskulls are being influenced by your posts right. I've placed my bet at $41.90 already and I can afford to " take a paper hit " on a potential drop to $38. Maybe I shoudl not post what I am doing becuase god help us if anyone follows my lead! However you really should consider the authoritive tone to your posts. Granted you have been correct in the past but you've also been extremely wrong. On a lighter note, if we can't challenge each other what good is this board! What I admire about TechnicallyHigh, with the assumption he is being truthful, is that he posts exactly what he does and then writes about it and will stand by what he is doing. I read your posts with your opinions but really do not know where you stand until you start hammering people about how dumb they are and after the movement has been made. Anyone can do this! We can play a fun game of who is right and who is wrong but the bottom line is we are all here to make cash, you've said it yourself many times. Please do not get uptight over these friendly debates. I'm totally confortable in my skin and with the investments of my hard earned cash. Continue hammering longs all you want for the bad decisions we've by holding but I think I can speak for all of us and say we heard you the first time.
Mayham
Mayham - where are all the apologies from the pumpers and never 48ers? Those who refused to beleive this could fall under 60, 50, 40? No one owes anyone anything in this game. Profits and your own money are the only things you owe loyalty to. If you can build freindships and trust around it but I would never expect someone to follow my trades via my public posts.
Those who I trade and share most idea's with do so in my private DMs.
I actually want people on this board to do the opposite of me, becuase it only accelerates the price moves when their expectations arent realized and they have to reverse AFTER a move in my favour.
Investing should be condiitional - "if X occurs, I will do Y" and "if A, B, or C occur I will do D". The biggest reason people end up holding the bag all the way down is they accept they no longer understand what is occuring but hope something will come in to save them. Alot of people blow up this way.