re: buy and hold point number 1 :traders use charts,stop loss etc.....
number 2 : i trade stock...nice!!
number 3: the charts show a break back up from hugely oversold territory.........AEX has dropped from a high of 6.5c to 4.1c...close to 40% inside a couple of weeks so it was always in oversold territory....today was a reaction to the stock being oversold and there is probably no news coming.....we all know the drilling rig is on its way.
.....there will be profit takers today ....i personally will wait until the charts are in overbought territory and today is not that day......cheers Jam......lol
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