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1,529 Posts.
32
23/02/09
08:19
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Johno,
The "friendly" advice re BLY was actually from a very experienced trader.
All the charting go signs were there.
200 day moving averages , crossovers, bollinger bands , etc,etc,etc.
Now you have introduced a new rule.
Stock has to be going up.
One of dozens....you have to get them all right and consider everything.
A real black box.
I've tried it a few times but for me I lost money.
The stocks didn't confirm and I lost money.
Fool is me if I don't learn from that experience.
Sorry guys.......It is all quackery
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