posted on
Feb 04, 2011 10:28PM
Helping brands engage Developing, nurturing, and investing in technologies
Message: Re: George,
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Glorieux, no. Once we filled the gap (on a Friday), I bet on afternoon selling pressure into the .37 range from nervous holders after a volatile week. Obviously it didn't come but it was a good gamble that I would make every time.
As such, I'm patient and waiting for the right entry point. One thing I have learned about investing is that you don't have to buy and that patience/planning is well rewarded.
Today's close gave me more information to consider in making my next move. This is the part of investing I love - like stalking prey. This is a Gazelle that I want - but I will only make my move when the odds are strongly in my favour, even if that means having to let it pass me by.
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