bullish harami, page-7

Mate,

I believe in looking at chart and looking for positive indicators before thinking of putting on a trade but we can't only depend on chart indicators....otherwise simple and easy just follow indicators and money and profit will fall down from sky like rain it is far from that simple
other things will influence stock price.....but ultimately
the KINGS of WALL STREET will always call the shot maybe not always but close to it....we are a small market in comparison...you can see the past few weeks DOW goes up CSL goes down.....only a few days before the report CSL changed the dynamic....and move with the index....monday will be interesting to see if CSL moves up with index or down or only up a little bit as I believe funds will have to buy banks and miners again all those that got dumped big time on friday to raise cash for TLS....if we follow all the news on the market we will be so confused and not able to make a clear decision and when things don't go the way you want it we start blaming other people and RATIONALIZING all our action rather than moving with the market and react to what the market is telling you to do?
CSL went to 34.65 and I looked at the CHART it looked good..report was brilliant!! momentum was great!! my HEART and EMOTION say HOLD this is going to go higher..but smart money was selling and taking profit!!!!late comers just started buying at over 34....then a few minutes later it started to drop....EMOTION says no no no no it will go up again hey GREED is controling us again yes sir we never LEARN!! SO DO YOU FOLLOW ,CHART ,EMOTION or...... MARKET ACTION !! and SMART MONEY!! and rationalization takes place.. HEY DON"T WORRY I AM A LONG TERM HOLDER AND HAVE MONEY TO HOLD THIS IS A GREAT STOCK ETC ETC ETC....at that time my COMMONSENSE took over and I SOLD OUT and managed a good profit....it was nothing to do with being smart or lucky but commonsense must at the end rule above chart or anything else more so brokers report etc etc....now the stock start to go up again but it could have been down another 2 bucks....chart no chart if sellers decide to sell more they will go down more....these things we will never know.....

Cheers