a traders perspective, chart direction, page-18

Wanelad Ive just stumbled accross this thread and it would seem that you traded the "investment stock" after telling me it wasnt a "traders stock so stop treating it like one"...LOL. I wouldnt be worried about causing anyone alarm by getting out quietly, transperancy is usually the best way to go IMO, then you can never be accused of having conflicting interests, and I dont just mean by those on HC.

Anyway theres every chance you could be right in your looking for a cheaper entry in AAM. With volatility comes risk and risk and reward move up together. The more you risk, the more the upside when you get it right. So it really could do anything, we only have probablilities to work with, never certainties.

Your right, I thought it was going to be a blow off top on Thursday, but it never happened.

And like you say there is every chance price will drop back further, who really knows. I reckon it wont, but if it does, then all that matters to me is if it hits my stop loss or not so im not too concerned about it.

We both know AAM has a ripper chance at some serious gains over the next 12 months and thats all that really matters. PS - I like your work and your enthusisasm.