It is interesting to read from others who have different view points in this forum from a different perspective on the same picture. Best of all, I salute those who can agree to disagree. After all not everyone has the same trading strategy, risk tolerant, experience, trading know-how,etc. 

In fact, I am learning everyday from this platform and trying to sharpen my skill in stock trading even though I have been trading over a couple of years. Still learning!!

iPunter      ( Date: 06-Mar-2010 21:50) Posted: I have seen enough 'technicians' who have a whole gamut of arcane indicators all over their charts, making them truly amazing and complicated works of graphic art. Yet, large amounts of money are lost in their actual trading. On the other hand, I have also seen people who are absolutely disgusted with charts, and who think staunchly of nothing but 'fundamentals'. These are people who  will vehemently say good things about their stocks, even when faced with huge losses in their bank accounts...

Yes, it has not broken downtrend channel yet. But I think it could break soon

Pardon me but maybe the way you read the chart is different from me. People go "pok" because they hold a stock in a downtrend. I never advocated people to hold a stock in downtrend. With due respect, the way you see the chart and interpretation of it is just different from mine.

iPunter      ( Date: 06-Mar-2010 20:05) Posted: It is too easy to say 'ride the trend'... If it's really so easy to know the trend, there won't be so many people going "pok!"... To me, holding huge 'paper losses' is also deemed to be "pok!", Simlpy because it is not a 'paper' loss... it a real (solid) loss.  And no one can say the "trend is up, or down" at any given moment... until it is invariably too late.