Managing Trades for End of August Part III

Aug 30, 2007 -

The market was up 200+ points yesterday. The majority of my stocks (SWHC & CRNT) bounced off the 20 day MA. This is a good sign because had they fallen below the 20 day MA, there would have been concern about keeping the trend. The oversold signals are not quite there yet, but they are getting there.

I will be on the look out for opportunities to add to my stocks.

Keep in mind, one of my brokerage accounts is 100% in cash. The other is all in the market.

If I am mentally and physically in sync and the market does well beginning of tomorrow, I will be looking to plunge into the market.


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