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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: MoneyFriend_2.0 who wrote (54923)	5/20/2010 12:33:24 PM
From: Kirk ©	Read Replies (1) \| Respond to of 206859

Thanks Gap filled, SPY testing lows, SPY below 200 DMA.... one of my top stocks is below my last two profit taking levels (all published in my newsletter) so this AM I put my toe in and bought back SOME of what I sold last month. (SOME = about 25% of what I sold on a dollar basis and 33% on a share basis for this particular stock.) I sent a note to my subscribers before posting here. I took profits in other stocks that I may add to if they go lower. I have published targets to buy more of many stocks if we go lower or any of my fav stocks see liquidity dry up and they plunge to my buy points... but now I can feel good if we snap back as I have something on this decline. I'd hate to waste a good decline ant not get anything which was my worry using TA to hold off buying for so long... but the TA sure allowed me better price for this stock. If we go lower, then I will buy more of other stocks as we usually do. BTW, my "safe clx model" would need a very good rally soon to give a buy anything soon... As it is... it said stay away until after perspiration day... but this is often a bit early so I nibbled when my target was hit this AM.