I hold but technically gann is right about the downward trend...

I hold but technically gann is right about the downward trend with oex but fundementally with so much coming up,
with oman and others these can't be over looked in context.

It does not make any difference if you agree or disagree with him, and serves no purpose arguing with him. While technically in a downward trend it isn't help by one holders continual sell off, but with OIL it all about the black stuff and discovery which is why most are holding. and the movement of 10% or even 20% won't take the holders eyes off the long term vision.

For traders like Gann if he shorts that 10 to 20% can mean a fair profit but like the other day with the oil flow could mean a fair loss to. So its all up to our own risk reward view on what we do. Personally I will hold and not buy any more until I think the trend is broken, I may miss out on a bit but I won't lose anymore either.

On gann its good to hear all views gann gives technically good reasons why he thinks the SP will fall and its good to hear both sides of the fence as to often we get closeted in a thread only giving positive vibes and sometimes overlooking a major sell signal as anyone you disagrees with the herd is jumped on so much they disappear.