food for thought charts anyone, page-18

For those who are interested here is a link to a wikipedia entry explaining PSAR

http://en.wikipedia.org/wiki/Parabolic_SAR


When mitta posted his lazy man's comment I wasn't too sure the point he was trying to make. Since it was a reply to my post I wondered if it was some sort of jibe.

For the record, charting Linc the way I did meant that I was on board from the lows [~.50] all the way to the highs [~3.00]. I should have sold around 2.65, because that was when the trend had clearly broken. Instead I held because at the time I was completely convinced by the fundamentals, [a mistake I will try and avoid in the future]. In the end I exited @ 2.25.

I think you have to be good at something in life ... I chose laziness.