I hope you don't mind some discussion on your portfolio.
I am still paper trading, so you can discount me as not credible, but here goes.
For February, I had 22 wins and 14 losers. I was surprised at the difference we had, so I went through your portfolio to see if we might be interpreting the methodology differently.
Here are my comments:
Long:
AL: I had a losing short trade on AL in January. I couldn't see any long entry point during February, as it was below the 50 Day moving average the entire time.
DL: I agree, and see an entry point on 2/14. I was out of town that week, so did not select it.
SFSK: The weekly chart is not in an uptrend, which is one of my long criteria, although I don't follow it strictly. I think GBS mentioned this at one time.
GLW: I am currently long.
Short:
RNB: I see a possible entry on 2/1, but it doesn't really appear to be breaking support, but instead bouncing off of support.
UNBC: Looks like a good chart with entry on 2/23. It looks like you should have hit your profit target on 2/25. What is your profit target on this?
CR: I see an entry on 2/16. This looks good.
My current portfolio, so you can comment on my selections:
Long:
FON, GLW, ZION, NTRS
Short:
DO, MDT, CEN, BMCS, MU, NVLS, INTC
Regards,
Archer |
