Thursday, May 5, 2011


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i shorted at 23 when the stock was rising up towards the 30 day MA. When ever you see a big spike towards the 30 day moving average when the stock is moving downward, that is the time to short the stock. At the top or when it is moving down,. 
As the law of probability, stocks coming down go down for more than one day. May be 2-3 days. Then one day up. But in this case of big spike it went up 4 days towards the 30 MA. That is the best time to short. It went up to 25. Now it is at 20. It was a solid 20 percent profit if done in the right way. 

Another missed oppurtunity. 

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