MG, ALL has gone bye-bye
I really try hard to mentally differentiate between position trades and trading positions. ALL hit my target of 39 7/16 and went away. I'll buy it again all day at or below $38. If it runs away, so be it. My target is roughly 6% per month and if I can get 4% in one day, I'm not going to argue.
The 4,000 shares of NAVR are gone as well. Sold into the strength this morning and hope to buy it back near its moving average. The only concern here is being out of the stock when the IPO announcement is made.
MY LLY entry was, obviously, flawed. However, its a position trade and I'll, hopefully, be patient. However, these flawed entry points (jumping the gun on the technicals) lead to the kind of mistake with C. I think you can relate to the issue. But, I have a high degree of confidence with the Big Boyz that I won't lose money, unless I'm stupid enough to do so.
Berney |
