I took partial profits in DIG and AAPL. They both continued on yesterday's big gains, providing a good place to take profits. I have moved my stops up to entry.
I am still holding my full SSO position.
I made last night's trade report available free to blog readers. It explains my reasoning for my bottom thesis and going long near the lows.
http://docs.google.com/View?docid=d5z8q8w_388ccvw26fj
The diary of a market speculator who trades stocks and commodities using technical analysis, chart patterns and trend following methods. I can be contacted at SinghJD1@aol.com
Wednesday, October 29, 2008
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2 comments:
Is it convenient buying DUG at 39-40???
It depends on your time frame. In the short term, we could see a pullback after the recent big move in DIG. If your time frame is longer than a few days, I think the 200 day ma offers a better price, especially when looking at risk to reward.
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