Wednesday, March 10, 2010

TESTING THE WATER

Just a heads up. I am in 2 trades SRS @ $6.50 (stop $6.10)
and DXD $27.86 (stop $27.36)

Very ST in nature, I have added a component to my charting that looks promising so I am trying it out today to see how good it is at timing these trades.

I carenot what or in which direction the wind blows, just going to be looking for setups. These IMHO are decent risk considering current complacency, oversold nature and my new tools.

STops define my risk which I find acceptable. I'm NOT suggesting these for anyone, just going on record with my new tool, will advise on outcome.

D

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