a member on here's always saying, "trade them, trade them"....

a member on here's always saying, "trade them, trade them". and he's right, albiet, in hindsight. there's the fear of missing out by not holding. MYR is a case in point. regardless of your entry point, 100-130 has been a very wide 30% range that could be traded successfully. How long it remains range-bouind is anyones guess. Importantly, it seems we are making higher lows. I'm speculating that there'll be some downward pressure in the short run, and i'll pick up another parcel. AMP shares are in a similar price pattern to IAG and QBE. Looks like QBE is gunning for a spot in the S&P/ASX 20 (to the detriment ofNCM which I'm trading). AMP is trending dissimilarly to the banks. Compare the charts. Was looking at BOQ and BEN, plus the B4. I bougth AMP on account of Allan Gray loading up, and in hindsight I can tell you AG gets in way too early. Us little guys can trade more nimbly then they, though their fundamental analysis seems pretty good. GLTH