It's interesting to hear your guru say he invests in P&D every day, he just has his exit points. Some here are investing for the cash flow effects on other projects and product lines longer term -- others short term. Short term traders vs long term traders should all set targets regardless according to their trading styles.
No-one should generalize but should follow each company individually after valuating their prospects with facts.
Following charts is individualistic and each break out is assessed on its merits at the time. Each breakout has different values of strength and must be evaluated at the time. This is the difficulty for many and current climate in this bear market is not a good reason to follow out there theories.
It's interesting to hear your guru say he invests in P&D every day, he just has his exit points. Some here are investing for the cash flow effects on other projects and product lines longer term -- others short term. Short term traders vs long term traders should all set targets regardless according to their trading styles.
No-one should generalize but should follow each company individually after valuating their prospects with facts.
Following charts is individualistic and each break out is assessed on its merits at the time. Each breakout has different values of strength and must be evaluated at the time. This is the difficulty for many and current climate in this bear market is not a good reason to follow generalized theories.
