breakout?, page-22

Agree with you totally Bear.Its funny how we finally get some good news and Dodgy characters crawl out of the woodwork.
As for averaging down.An example is FPA.I bought FPA a few years ago at 67 cents got to as low as 25 cents at one stage.Recently sold them for just under a dollar.I must admit I did not average down but if I had it wold have worked out well.As it was I still made more than if that money had been sitting in the bank,simply by holding and doing nothing.As for T/A.In todays market with the amount of manipulation taking place it is very easy to get false signals.
Sometimes I'll make a short term trade and be happy to walk away with a quick 20% profit but I still believe that buy and hold is a good strategy for long term investors.
I approach each trade individually.
Each to own and good luck to all participants.