by Travis Johnson, Stock Gumshoe | June 21, 2008 12:29 pm
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I’m not sure if you want P&F lessons in the Irregular section so if not, please delete. Take a peek at USG
http://docs.google.com/Doc?id=dc3fr5vr_6fhhv6rfv
It has given so many sell signals that I do not feel sorry for Warren at all. I know he loves value, but this is an anatomy of a collapse. Breaking a tripple bottom at $51 after it failed three times to break $58 was the real HUGE SELL Signal. If you waited for confirmation, the next sell signal was at $47. Plenty to time to realize you made a mistake and time to get out. Supply and Demand rule the stockmarkets. I don’t care how great the story sounds. If there is no demand, get out!