Posted by robkitch on 11th of Jul 2023 at 05:26 pm
I want to respond to your comment, Matt. If we had all joined in
your recent technical prognastications, we'd be singing praises for
the wonderful analysis that you and Steve provide. It certainly is
better if we're along for the ride...Of course we can't jump on all
the suggestions, but I have to admit being around here for some
years, that when the going is already proven to be good, it
sometimes passes it's prime, but for 2023, the landscape has
changed, at least so far. The one item I joined in on, NINE was
purchased for 3.83, sold for 4.03 or so. Next 2 days saw a
pullback, then wham. It closed above 4.10, the previous high. I
hesitated, although something told me to jump in, the technical
water is fine....But didn't. Now .75c or 20% higher I'm kicking
myself. Anyhow being honest about my shortcomings in a public
setting can only help me for the next time. Reversing the
psychology of fear at buying at new highs especially watching the
daily bars and "knowing" certain high probablity setups. Anyhow,
I'm along for the ride with y'all. Thanks for your input and
efforts....
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Posted by robkitch on 11th of Jul 2023 at 05:26 pm
I want to respond to your comment, Matt. If we had all joined in your recent technical prognastications, we'd be singing praises for the wonderful analysis that you and Steve provide. It certainly is better if we're along for the ride...Of course we can't jump on all the suggestions, but I have to admit being around here for some years, that when the going is already proven to be good, it sometimes passes it's prime, but for 2023, the landscape has changed, at least so far. The one item I joined in on, NINE was purchased for 3.83, sold for 4.03 or so. Next 2 days saw a pullback, then wham. It closed above 4.10, the previous high. I hesitated, although something told me to jump in, the technical water is fine....But didn't. Now .75c or 20% higher I'm kicking myself. Anyhow being honest about my shortcomings in a public setting can only help me for the next time. Reversing the psychology of fear at buying at new highs especially watching the daily bars and "knowing" certain high probablity setups. Anyhow, I'm along for the ride with y'all. Thanks for your input and efforts....