RE:RE:RE:RE:RE:RE:RE:RE:ION garbage stockTheschwiz wrote: Ah...My mistake. Didn't see your post about that.
However, people make those calls ALL the time here. They are right about 20% of the time. You're probably no different. If you were you'd have been able to time all the jumps and dips based on your charts...but you didn't, did you? Because charts are not really all that accurate, especially on the venture.
I'm sticking with my strategy of holding and waiting for the next couple NR's before selling my shares.
Charting doesn't work when there are such significant exogenous conditions at play (the Mexican salars etc.) which would change the game entirely. Had they released news today, a few people here would have had their faces ripped off on the ascent, and some would be left getting smoked out at ground zero; hopeing this week is the week, will hold until at least a buck, and play it by ear after that.