Comments on: Greed is not good ™. http://ramtajogi.in/2008/11/greed-is-not-good/ Hacking Life for Money and Fame. Wed, 2 Dec 2009 16:57:23 -0500 hourly 1 http://wordpress.org/?v=3.0 By: kanoe http://ramtajogi.in/2008/11/greed-is-not-good/comment-page-1/#comment-173 kanoe Fri, 14 Nov 2008 05:49:47 +0000 http://ramtajogi.in/2008/11/greed-is-not-good/#comment-173 Greed is definitely not good. Nice play on CHIC. Good luck with OPTR tomorrow. I'm hoping it drops too. I'll get in with ya. Happy Trading man. _kanoe Greed is definitely not good.
Nice play on CHIC.
Good luck with OPTR tomorrow.
I’m hoping it drops too.
I’ll get in with ya.

Happy Trading man.

_kanoe

]]> By: RJ http://ramtajogi.in/2008/11/greed-is-not-good/comment-page-1/#comment-172 RJ Fri, 14 Nov 2008 03:27:51 +0000 http://ramtajogi.in/2008/11/greed-is-not-good/#comment-172 Thanks Steve for your comment. Actually I didn't even calculate % profit. I was simply waiting for OPTR to fall. And yesterday I was so excited seeing OPTR fall like a rock that I didn't even think about covering it! I can not let excitement control me and leave my profits on table. RJ Thanks Steve for your comment. Actually I didn’t even calculate % profit. I was simply waiting for OPTR to fall. And yesterday I was so excited seeing OPTR fall like a rock that I didn’t even think about covering it! I can not let excitement control me and leave my profits on table.

RJ

]]> By: YngvaiMalmsteve http://ramtajogi.in/2008/11/greed-is-not-good/comment-page-1/#comment-171 YngvaiMalmsteve Fri, 14 Nov 2008 03:15:52 +0000 http://ramtajogi.in/2008/11/greed-is-not-good/#comment-171 Yeah, $7.25 to near $6 is a 20% profit on your position. With something like that, it's always good to take the profit. Also, it would've been good to take your profit on OPTR yesterday because the likelihood of a bounce was very strong. It fell from $8.50 to $6...that's over a 40% drop. Thus, the likelihood of further downside the next day was very low. Plus, covering near an even $ number is always good as they tend to form natural levels of support and resistance. Nice job on CHIC. Yeah, $7.25 to near $6 is a 20% profit on your position. With something like that, it’s always good to take the profit. Also, it would’ve been good to take your profit on OPTR yesterday because the likelihood of a bounce was very strong. It fell from $8.50 to $6…that’s over a 40% drop. Thus, the likelihood of further downside the next day was very low. Plus, covering near an even $ number is always good as they tend to form natural levels of support and resistance.

Nice job on CHIC.

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