RE:RE:RE:ACDC DOES ANYBODY HAVE THIS SESSION SHORT REPORT?moneywagon wrote: Joseisok wrote: Like a said previous, don't average down on a stock that's going south. Wait for turnaround then add. You just don't know how far the decline will go.
Exactly Jose NOBODY knows how low the deline NOR do they know the highs when the tide turns uptrend. We swim with the sharks, we are the minnows. That is why it is always important to have your shares up on the sell block for your ROI big or small....have an exit plan!
You do not have an algorithm program in play, you do not have 3 screens, you do not have insider Broker information, you do not have the share count to even manipulate the sp...nor do you have a quarter million dollars CASH, in the bank, which is what you need to place a short order! blah blah blah oh let me count the ways how we are the minnows.
I repeat it's only a lottery ticket if you enter at the very bottom and exit at the very top. Stay realistic and focused!!
Non of the above, I use a waterford crystal ball, the wallmart balls don't give me a clear picture.