and another! http://www.fool.com/school/13steps/steptwelve.htm "....It's amazing to us to think that anyone might study a stock chart, see a particular pattern, determine that the stock is "breaking resistance," and then commit actual money to that proposition." ooooooooohhhhh funny stuff....
Best advice is be patient wait for dips and go long on them. Wait for support and buy buy buy! Seriously, stay with the trend. Plain and simple.
http://www.nypost.com/business/1454.htm its funny, but now being around the trading community long enough to see this public effect of bull/bear markets, it really does put things into perspective when i daytrade. even though the bull i runs deal with are only minutes or hours long, there are definite 'stages' to them that are very analogous to the ones we see in the broader (daily) timeframes... its one thing to have read about it in 'reminiscences' and hear them from the seasoned pros, but its entirely another to live through it and see for yourself. very entertaining indeed!!