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Neal
This is not based on what Earl said. This is
something I tried after making money with
retracements.
This is something i have found profitable given the
current market climes .
I buy when the Wv 5 is nearing an end per Osc
divergences and fib levels.
Am I wrong ever? Quite a few times.
Have I made money? Yes, a reasonable sum.
What happens when I am wrong? Simple! the stop gets
executed.
Will I persist with this if the overall market
scenario changes? NO!
As for your concern, I am most grateful for your
kindness.
Thanks and Best Regards
Rakesh
--- sire@xxxxxxx wrote:
> Rakesh,
> I doubt Earl would go near one of your stocks.
> There is a difference between buying strong stocks
> on a retracement, and buying weak stocks making
> new lows, especially those on their 5th wave DOWN.
> Please get help before you buy stocks that have
> no sign of going up.
> Neal
>
> -------------- Original message from Rakesh Sahgal
> <rakeshsahgal@xxxxxxxxx>: --------------
>
> Neal,
>
> One of the people I admire most on this list is Earl
> Adamy, matter of fact you can say I am his fan.
> Sorry
> to drag your name into this Earl.
>
> Once he had said from the point of view of capital
> conservation best thing is to buy retracements
> rather
> than buying breakouts. I worked on that and found I
> actually started making money.
>
>
> Thats all I can say about the names I cited.
> Whether
> they will be proven profitable or not is not known
> but
> yes they do look interesting. Maybe I will end up
> looking foolish maybe I will make money, lets see.
>
> Best Regards
>
>
> Rakesh
>
>
>
>
>
>
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