Ha, tiled floors, dropped a glass about a year ago on ours and...

Ha, tiled floors, dropped a glass about a year ago on ours and still finding shards, best way to discover another one is to go barefooted.

I'm thinking that one thing a lot of d'ters ignore is the overall or longer term trend in a stock. The discussion tonight about ARU really brings this home - we all agree that it is in a long term downtrend and up against resistance yet it appears so attractive to trade on a daily chart.

ARU daily


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Yet when we go back and have a look at the longer term it doesn't look so good, or not as safe.



I would always prefer to day trade or short term trade in the direction of the longer term trend, not against it.