selmax tip of the week, page-19

Hmmm... I find your post not overly helpful selmax. Don't get me wrong, I appreciate your posts.

But can I frame your comments in a different light?

While there may be no reason for WDC not to hit $14 once it breaks $13, there is also no reason why it should break $13 and hit $14.

It's sort of like saying, if the greater market continues upwards WDC will go up, but conversely the opposite will happen.

It's a self-perpetuating statement that daytraders sometimes use which I try to avoid when making my own trades.

The real value of your post Selmax comes from analysing breaking points and where upward momentum might take a share. For that - thanks very much :)

Cheers