Hi, Everyone! Very busy morning; having learned many hard lessons I've also been selling into strength while carefully adding some new positions. I've used my previous chart RBOPs (resistance/breakout points) from post #29840 as entry and exit guidelines, sometimes placing those numbers as actual buy or sell stops for position trades. The forced discipline has helped me increase profits and limit losses. Hey, whatever works....
JNIC, METHA, LU, NXTL, WRLS, AETH, WFII are still doing well (though I've place sell stops behind them, too).
Lightened up on or exited most others (ELON, PUMA, NT, ADAP, COVD, CS, EGAN, ISLD, etc).
This has been an outstanding run...a pause was to be expected as Rande and others have noted repeatedly.
I've been betting on an "early" summer rally; June and most of July have been great if not incredible. And if the overall market is pausing, so be it; there are always pockets of opportunity.
A special "thank you" to Rande for continually emphasizing a non-emotional approach to trading and investing.
Back to the recording studio now for a different kind of work--Mark-- |
