WineCollector, as I said many times before, I am a short term investor/day trader (when needed). I use LIVE chart/fib to follow waves/trends of chart for my short term trade for profits while hold some at low price for longer term gain (if I think that stock is ggod). Sp up/down is a normal course of stock market. That is why you can see my post with Fib prediction at each level of waves. What I try to say is ppl should not do personal attack to who ever post different point of view. That is ugly/immature and wont help their trade at all. That is why Quicksilvasurfa (MEO/14 Aug)wrote "I just get sick of everyone only posting the good things and not worrying about anything else?"
Look at 2 cases:
1. Person who sold off on last Fri at 56/57 and can buy back at 48/49 today or wait for lower to enter again. Who knows MEO never drop further in the next few days/weeks? See Hoofa's above post.
2. Person who bought/hold on last Friday at 56/58 and now up set, hate anyone who post different opinion and try to insult who ever they dont like. What can that person gain? NOTHING.
Look at ppl who bought/hold MOL >$1.80 (few days ago) and now $1.235, that is BIG loss in term of % investment.
In the past, I was out and warned market (overbought) when RRS>$1, WMT (IDG)>30c, RAU>20c, FMS>20c, CNX>70c, SLA >70c and so on, lots of UP rampers laughed at me and tried to personally attack my posts. But at the end they burnt and hurt themselves. I am not saying am good, but I saw big broker telling clients to buy more while he sell! That is big lesson for everyone to learn and to look at.
Any way, keep up your happy trade. Good luck
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