Downtowntrader - Latest Comments in Stock Chart WAT

Re: Stock Chart WAT

downtowntrader — Thu, 04 Jun 2009 20:30:44 -0000

Thanks again for the nice words. I'm glad you have found value in what I write. Don't feel too bad about missing a trade, as there are always more setups. It is more important to wait for a setup and then take it confidently, rather than trying to chase something you feel you might of missed. Also, nothing wrong with waiting for something to meet your criteria, rather than mine, like on RVBD. By the way, I haven't been posting links to my recent investopedia articles on this blog, but you can find a lot more of my writing on http://www.chartadvisor.com. Almost all the recent articles are mine and they hit on broader themes and have plenty of charts.

Joey

Re: Stock Chart WAT

Paul Z — Thu, 04 Jun 2009 20:20:37 -0000

I know what you mean. I am in an investers group here in San Antonio and sometimes regret it when I don't take my own advice. I really appreciate what you do. I have found you to be right many times. I remember a nice trade you suggested a while back to short AEO. Very nice. I made lots money on that one. Too bad it was only in my paper trading account! I still like your RVBD too. I waited a little to get in though. I wanted to see it close above a past resistance level around 18.65. I'm still in it but adjusting my stop loss as I go.
Keep up the good work!
Thanks again,
Paul Z

Re: Stock Chart WAT

downtowntrader — Wed, 03 Jun 2009 23:49:10 -0000

yeah that would of been sweet. I feel the same on my INFA chart. I flat out missed that one even after posting it to my watch list. thanks for the comment.

http://downtowntrader.blogs...

Re: Stock Chart WAT

Paul Z — Wed, 03 Jun 2009 19:23:56 -0000

Nice call. Wish I would have gone in for around 1000 shares!