I think things will be sped up a bit...
After some study on the oscillators The General looks to want to test the breakdown faster but not until after the dividend payout.
That free 3% a share on top of 59%...
Now my style is a tad different and I will still get the dividend.
When I trade a ChART I must trust the situation. If I did not know that I know I would not be here putting my Capital at risk.
My style. I put 100% in. My goal is to add shares on dips.
So if I start with 100k. I will buy at or near the bottom and get what I can. So lets assume I got 1298 shares for my 100k at $77 you could hold to $123 and get the dividend for the 1298 shares and your 100k would be $159,765.82.. Sweet... But I will sell the 1298 SHARES @ $96 (ASSUMING I GET THE RIGHT SIGNALS) BUY BACK 1474 SHARES with the proceeds @ $84.50 and the sell the $123 and get the dividend for a total of $182,251... (EVEN BETTER) Now of course you get a taxable event. But you do unless you hold for one year anyways unless in a retirement account. And after $123 there a Quarter Year trip back to this area we are at. I just ain't in to holding corrections. Because there are no guarantees in life. A bird in the hand is worth two in the bush.
To each their own. The only wrong style way is the losing way.
Press play Jan 15th and see how I did...
That free 3% a share on top of 59%...
Now my style is a tad different and I will still get the dividend.
When I trade a ChART I must trust the situation. If I did not know that I know I would not be here putting my Capital at risk.
My style. I put 100% in. My goal is to add shares on dips.
So if I start with 100k. I will buy at or near the bottom and get what I can. So lets assume I got 1298 shares for my 100k at $77 you could hold to $123 and get the dividend for the 1298 shares and your 100k would be $159,765.82.. Sweet... But I will sell the 1298 SHARES @ $96 (ASSUMING I GET THE RIGHT SIGNALS) BUY BACK 1474 SHARES with the proceeds @ $84.50 and the sell the $123 and get the dividend for a total of $182,251... (EVEN BETTER) Now of course you get a taxable event. But you do unless you hold for one year anyways unless in a retirement account. And after $123 there a Quarter Year trip back to this area we are at. I just ain't in to holding corrections. Because there are no guarantees in life. A bird in the hand is worth two in the bush.
To each their own. The only wrong style way is the losing way.
Press play Jan 15th and see how I did...
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