Hey buddy I did say, price was going to 3 c and it did, I also said I would buy more if it drops to 2 or high ones which I will. Whether you believe anything I say is inconsequential to my wallet. I am in the market to make money not find a girlfriend. I owe you nothing and I owe this company nothing.
I don't control the market, if you sold and didn't buy, don't complain to me
You think I care what some of you feel about me. You know I love seeing people like Pachino loose their bundle and attack me. I will imagine us standing face to face as I do my weekly 10k swim and 10k run.
Anyway, don't read what I say next, you wont understand it. This is only for people who want to make money, using technical skills which buffoons don't understand or believe in
Anyway, some of you wanabees, should notice that the price has moved out from the lower 2.1 SD Bollinger on a 50 day and a MACD crossover with a rising DPO. There's 5 / 20 day RT crossover which has flattened out and is looking to crossover. I would say she may have bottomed out
I certainly wouldn't be selling. IDC looks oversold to me. IMHO. Believe me or not, I couldn't care less, I know what I am doing. Bring the charts up yourself and learn something
Dude, I dumped a heap of IDC at 6.5 on technical and took profit, now I am buying them back much cheaper - I am now averaged in low 4s, but with profits taken in the past few years trading IDC I would say me overall average in IDC would be about a cent and a half to one cent nine
People have to stop panicking and selling, its just what some people want you to do. No point blaming me for your decisions to drop your bundle
Just like a casino, the market is full of victims and a few winners. Heres a tip for you, now matter how you dice it or what books you read, the key to winning in the market all wrapped up in these concepts
money management
market timing
risk management
appropriate technical analytics (and algorithms) using the correct tools and knowing which ones to apply when
emotional self control and taking advantage of the markets emotional players.
having the guts and knowing when to take a loss or a profit
Don't read too many financial papers, they don't provide enough reliable leads
You know how much time I spend reading financials, about 20 minutes a week. The numbers tell me all I need to know. Business papers are written by idiots to get into your emotions and sell papers. So some big broker puts a buy on some stock as their subsidiary starts to sell. And you folks call me full of bull. hahahaha - nice one - that's a right jolly old belly laugh.
People spend years trying to master the market, most who try fail, because the refuse to understand some fundamental mathematics and get all wound up in the emotion and the BS they read in the paper
But hey, you do it your way.
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