City wrangler, Islander
Islander, I got it. Thanks. I bookmarked it to read in the wee hours. It wouldn't go the first few times I tried it.
For all, there are bugs in IE5 I have noticed.
City Wrangler, my gut feeling tells me that it won't see negative territory tomorrow, because this run was partially based on earnings. And the volume was pretty intense. It turned on quick. But on the bright side, my gut feelings are pretty much worthless. Next time, I would treat it like a trade, rather than a position, until you have done the DD. Without DD, you are just preying on momentum, and if it goes the wrong way, you should be prepared to take the loss quickly and without regret. You don't have to have your money in something all the time. Especially a large portion of it. But 1/2 a point is all I would have suffered on this. So when the ask hit 9, it should have been over for you. That's just an opinion though, and I don't claim to be one of the experts you are looking for. I don't think anyone can give you the answer you are looking for, unless they are the Axe..
I lost 1/2 point getting in, while I did some real quick comparisons to VISX and looked over the earnings the best I could. My browsing was terribly slow. Hope this doesn't keep you up all night but I wouldn't be surprised if it went up 4-5 more points and stayed there with ease. I think you may have shorted it below a new support level. Good luck to you. |