Weekend Charting and Chat., page-5

  1. 8,720 Posts.
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    Thanks for starting weekend thread RB.

    My best & worst story relate to the same stock - SSN. Picked it up from 1c and watched it go all the way to 21c putting me into a 6-figure profit position. Problem was I added to my position along the way and when it starting to go south didn't take profits, watching it all disappear & more. The market giveth & the market taketh away...(actually that would be blaming the market, when actually it was my fault!)

    Do any of us really understand the market, or do we just think we do...? Sometimes I think the pooch in the following cartoon is wiser than me...

    2015-04-16 xjo cranker image1.PNG
    I see that ascending triangle has now broken to the downside. Will be looking for a re-test but otherwise odds to the downside now look much stronger, and another test of 5821 likely:

    2015-04-17 XJO daily.PNG

    Cheers, Sharks.
 
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