daily chart, page-99

Good morning guys,

The machinations of the market is alive and well. On a red day, BLY is not immune from retreating. I did have some of my holding on a "stop loss" and they did go through this morning. It's not the end of the world, SP will go up and down. The key is to ride the momentum and know when to jump out to preserve capital to fight another day. I'm not ashamed to admit that I trade shares as well invest long term. I do both in BLY. I still believe that the longer term upward trend is in place with retreats to keep us vigilant. Honestly, I think retreats are good in the long run because it keeps traders playing with the SP adds liquidity to it.

Still holding albeit not as many today. I will be looking at getting back in when it hits my target level. BLY is a long term "buy" IMO.



Cheers.