Monday, March 15, 2010

sticking with 20 day

so far: whipsawed out of XIDE

 lost on CMTL, STP --   overall indexes extended so not much upside.

 the 20 day breach works best after a correction or longish base.  Otherwise, the stock is probably not ready to trend up.

 I'm now short... but market now pushing back up end of day.  I feel I should hold for multi-day selloff rather than take quick profits... but I might get stopped out.  Well, I have always taken quick profits before and it's never amounted to much so may as well leave the slightly green positions alone.

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