kreem- yes in this market, it's a good ideas to trade light and
nimble, we are probably nearing a tradeable bottom however
bottoming is a process and the process is very choppy. HTM was
posted on the BLOG late on Friday and then I put it on the Watch
List late Friday. It subsequently went a few pennies and today is
down. Personally I dumped HTM this morning for a slight loss. I
probably shoudn't have put HTM on the Watch List on Friday because
that
big volume barwas suspect because it was being added to the Russell
3000.HTM needs to hold above that 50 MA otherwise I'm
going to remove it. I highly doubt many if any here bought HTM
since it was late on Friday, which is a good thing.
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kreem - yes in this market,
GTI, HTM
Posted by matt on 30th of Jun 2008 at 11:04 am
kreem - yes in this market, it's a good ideas to trade light and nimble, we are probably nearing a tradeable bottom however bottoming is a process and the process is very choppy. HTM was posted on the BLOG late on Friday and then I put it on the Watch List late Friday. It subsequently went a few pennies and today is down. Personally I dumped HTM this morning for a slight loss. I probably shoudn't have put HTM on the Watch List on Friday because that big volume bar was suspect because it was being added to the Russell 3000.HTM needs to hold above that 50 MA otherwise I'm going to remove it. I highly doubt many if any here bought HTM since it was late on Friday, which is a good thing.