sfsamperi.blogspot.com

You have to survive

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

Monday, February 28, 2011

The last few days is looking like a temporary dip in the market, the kind you would want to buy into. My trades are looking from ok to great. No time for new entries today. I will try to get out of CMCSA, LGND and SIRO with limit orders that should trigger if the market edges up a little more. I will also just exit with a market order for TER. All these trades have resistance lines that i didnt see before, specifically daily prior hi's/lo's. From now on i will really study the prior hi's and lo's on my daily chart and watch out for new lines formed after entry, which tends to happen if the stock gets a little choppy after my entry bar. TER i should not have even entered since i bought it right on a resistance line but maybe i can get out around b/e. CMCSA, LGND and SIRO might all be good profits, just smaller profits than i first expected since i didnt see ALL the resistance that i should have.

Hi gaby! You are the best!

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