Thursday, August 27, 2009

buy in

the dollar is strong the market is weak but the sell off is suspect I urge my members to take into
account what is going on in the overall market and we have touched on this point before
There is psychological support here at the 70 level we traded down rather briskly in a low liquidity market so you would shade your bid lower from my reco entry I moved mine down 15 cents
it is 69.94 I have a stop 35 cents below my buy in at 69.85 finesse your trades let us take our trading up a notch many have been with me for months now-WSM looking good despite the market we bought in jcrew as well as the michele obama backed chain reports aftrer the close my price 32.15
there is a trend here in this sector and a little bit of upside left so we move to the winners if we can