RE: RE: RE: Today's closing price will be...Nope...not a sourpuss. I'm just trying to help rookies by showing them they
shouldn't believe everything they read on this board and accept it as good advice.
Stating an opinion and explaining your thought process is one thing. It can be helpful for anyone.
But just stating a closing price like you know what is going on, just might nudge a rookie
into buying on margin/buying power for a expected big cash in at the end of the day. They end up "squealing
like shorts", which seems to be a popular expression on this board.
Personally I thought it looked good in the morning when I bought in @1.65 but I sold @ 1.69 before noon.
I'm not bragging about my trade. I was on buying power and had to cover at the end of the day.
Hanging on when the market isn't trending with no indication of direction soon turns into gambling.
GLA