Relentless selling, page-15

If I like the big picture, like the story, and like the company, if the price looks depressed, I buy some. If it goes down significantly further, I check the big picture, the story and the company and If I still like it and have the cash or something else to sell because I don't like that or think it is time to take profits, I double up. To my mind charts represent perception, facts over time ultimately change perception or confirm it. We all can be and are wrong from time to time. e.g. I brought AMP as a takeover target last year but I underestimated the degree of management and board weakness and their propensity to muck things up.
Inability to read the future and being wrong are human conditions.