RE:RE:RE:RE:For those who is still holding and seek comfort....Sad to read ignorant post like yours, Johnny, so full of sour grape. The sell signal has been loud and clear since April 26. The proof is there and you never understand it.
From $10 to $4, millions of dollars from decent retail investors will be saved by selling after that date. And the drop is not done yet. Lower prices are coming for sure. I know where the sp is going and so I short. Simple as that.
The difference is - Those who use charts have sold and preserve capital and those who don't see their investment disappears day by day. A punishment when you don't manage your investment well enough.
The reality is distroying your theory with no fear and mercy.
JohnnyUtah16 wrote: This post is completely foolish! Are you really quoting buy and sell signals and technical analysis as an absolute science. Where was your sell signal before this drop?? Many experts believe TA is garbage and can only be used to assist fundamental analysis. You are advising that people sell now and buy later when you have absolutely NO CLUE where the stock price is going. Do you know how many millions have been lost by people selling out of a stock and waiting for a re-entry point that never came. Graffitti was actually very accurate is stating he has no idea how to time the market because nobody does. Every fund manager and great investor openly admits they have no clue how to time the market and never know which way its heading, so they don't even bother trying. They just buy solid stocks, with good growth and hold for the long term. But you are able to tell which way CRH is going and advise people to sell and buy later. Your advice is crooked and is only meant to benefit you.
If you are going to short, go ahead. But don't give BS incorrect advice and pass it off as common sense. You are no oracle and have no clue where this is going.