It is a buy agreed, but people were saying that at $2 and higher, so tomorrow or next week could be even more of a buy.
This is where no matter whether as an investor or trader it pays to be patient and wait for the price action confirm there is a change in trend. Personally I would rather buy at $2 on the way back up after a confirmed trend change than now at $1.75 when we don't know where the bottom is. In other words, this is where it pays to be like the gurus Warren Buffet or Jesse Livermore and be patient...
Cheers, Sharks.
Chart, page-76
-
- There are more pages in this discussion • 23,391 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)