The trading diary of Paul J. Singh. I trade full-time and empower traders by making the complex simple. I can be contacted at SinghJD1@aol.com
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Friday, March 13, 2009
Trade: SRS
I took a small "probing" position in SRS (ultrashort real estate) today at $61.55. As noted in a previous post, the bottom of price support is in the $50 range, thus the small position size.
Note the extremely oversold the stochastic indicator.
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