RE: Technically speaking.Okanagan01,
"Next major hurdle .85. " This is part of what I said in my original thread. This is part of the "bigger picture" as you so flippantly dismiss with respect to my posting. Minute charts, as in this case the 15 minute chart, only serve to provide you with a heads up as to significant changes in the dynamics within the Biggger Picture. In this case a major trend break is significant. Choosing to ignore this, and leave your money on the table to erode to 60% of it's value, is your call.
Perhaps others do not have as deep pockets as you and would prefer to exit and re-enter at a lower price. My posting is for those individuals. Investor or trader, the magnitude of this possible move, should raise a red flag.
To buy and hold on what would appear to be a 40% correction is your choice. But try not to be to condescending of those offering up their expertise to others if it does not suit your trading/investing style.
Please add me to your ignore list.
Alphakodiak