Yes that is correct. I never by and hold for the long term becuase there are just too many variables that can change over time. I do current have two long trades which i bought some time back. I went long because of my value metrics and charts at the time. They were cheap based on my value system. And i had a buy signal genrated from the charts. The current value is still cheap for them and my charts are showing they are still a hold. Would I be buying then now. No i would not. Once I get an exit signal from the charts I will close both out, loss or win is irrelevant to me. I own CVN from under 8c, it is currently 18c and AMP which i bought under $5. It is around $5.30 now. Besides that. All my trades are short term and based soly on price action and market sentiment. I will never buy something purly from a value perspective. Because of to many changing factors. I understand that you have a different view to me. And that is fine. However i have done this for a long time now and will stick with it. Because it works.
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