http://www.technicaltrades.net/2006/06/28/eln-neckline-break/ Technical Analysis applied to Stocks and Futures. Fri, 21 Nov 2008 10:33:09 +0000 http://wordpress.org/?v=2.0.3 http://www.technicaltrades.net/2006/06/28/eln-neckline-break/#comment-60 Tue, 11 Jul 2006 19:32:41 +0000 http://www.technicaltrades.net/2006/06/28/eln-neckline-break/#comment-60 [...] Since the last 2 ELN setups (1st producing +4.9% from great entry) price has fallen away substantially now (-7%), reinforcing why it is wisdom to take the breakeven stop instead of holding in hope. I mean why watch a perfect entry with immediate green turn ugly red by 7%? No reason to do that at all. It only gives the ELN Yahoo message board bearish trolls reason to scoff and make fun and humiliate; stuff trolls love to do. And the bottom line is that if you’ve actually done that you probably should put the boxing glove on and firmly give yourself an uppercut. [...] […] Since the last 2 ELN setups (1st producing +4.9% from great entry) price has fallen away substantially now (-7%), reinforcing why it is wisdom to take the breakeven stop instead of holding in hope. I mean why watch a perfect entry with immediate green turn ugly red by 7%? No reason to do that at all. It only gives the ELN Yahoo message board bearish trolls reason to scoff and make fun and humiliate; stuff trolls love to do. And the bottom line is that if you’ve actually done that you probably should put the boxing glove on and firmly give yourself an uppercut. […]

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