Early on in my trading career, I'd take every breakout that came along.  If a stock closed above resistance on strong volume, I was in. 

Then I began to see where it wasn't quite that simple.  Sometimes a stock shoots straight up, breaking resistance, but also becoming overbought in the process.  It took me some time, but I had to differentiate between "breakout" and "overbought."  I bring this up, because ...get full access to this article by registering for FREE.

And that is the final word from Vancouver, where I think I'm getting Olympic fatigue.  I was all gung-ho a week ago.  Now, I'm ready for my regularly scheduled viewing.