OTCPK:LLEN - Post by User
Comment by
brotherM1on Nov 01, 2012 10:49pm
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Post# 20553236
RE: RE: coals are on fire
RE: RE: coals are on fire Good job Sharpei - that definitely took a large amount of where-with-all to make that purchase while coals were on fire. 27 years ago when I first started trading stocks I was making a killing. Then I started thinking, got killed and gave it up. I tried again the past week and still barely made it worth my time. It seems that no matter how rational and unemotional I try to be, when I buy or sell the stock immediately turns around and does the opposite of what I thought it would do. Any chance the market makers use psychology to fool fools like me? Perhaps I should have never bought back in yesterday at 2.23 when it was going up on relatively low volume (the only reason it traded approximately 240K shares or so yesterday was because I bought 50K that someone else sold; otherwise the volume might have been 140K or less). Now the volume is again drying up as I thought it would and the price is falling just as it has in the past less than 1 week after it would pop and reach a peak. My guess is it will continue to drop and we'll not see any news for a while. This d#mn hurricane that knocked off trading for two days completely through off my feng shui. Anyway, I think I did the right move by getting back in with coals and China rebounding. I'm gonna stick to my boring hold-on philosophy for a while longer.