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You have to survive

You have to survive
Every day is a battle, survival is rule #1

Tuesday, January 26, 2010

WMT short entry

decided to short WMT. i would have shorted around 12:24pm at 53.70 but i didnt see it till almost 2pm but i was able to get in at pretty much the same price level. haha it just sank 65 cents while i was typing this sentence.good. Its hitting resistance in a falling channel, reversal bar w/volume, overbought and histogram was large. Daily 20 MA was resistance, hourly reversal signals, 4 min trend change w/MA cross. btw i considered using it but dropped RSI for now.

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