I’m in the market building a position in a disciplined incremental manner. I’m an old fashioned value investor whose hopeless at picking tops and bottoms and who pays little attention to daily SP movements except to the extent that they equate to my entry and exit points based on my estimate of IV. My focus is based entirely around the management and economics of the business and its future prospects. Provided nothing happens to change that and my investment thesis, I’m content to sit on my hands and wait.
APX Charts, page-757
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