been partying too hard last night.. midterm was a good one.. next midterm next tuesday (hard)..
anyways, i got a daily sell signal for djia. naz still on sell signal as well.
as for dell, i sold 75% of my position before earnings, and guess what? i missed most of the big jump. but i looked at past history, it seems like 2-5 days later, there is a pullback.. so im looking for that pullback to get back in my remaining shares (or more).
i guess that's what happens when you are too cautious.. you'll miss some of the big rally.. but i would rather take safety or profits anytime.. those intc gap down 20% due to bad warnings have haunted me before, thus my sell on earnings rule. if a stock can gap up like that, it sure can gap down like that as well..
i think techs are ready to rally. right now, i believe that djia and naz timing is not insync. djia would go up, naz would be down.. so now, it's djia turn to pullback.. naz turn to rally..
im watching sox closely to take out 200 ma. intc move above 90 is a good sign.. sox actually gave me a daily buy signal yesterday.
all in all, it's been a great week.. trying to balance school, work, and stocks is pretty tough.
gotta go.. will lay low for awhile.. |
