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jaiml

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jaiml

Re: ocroft post# 38849

Thursday, 12/18/2014 9:30:34 AM

Thursday, December 18, 2014 9:30:34 AM

Post# of 47289
Hi Ocroft,

thanks. For stocks already trending down, I totally agree it is less risk and better rewards over all. Provided the stock has the ability to rise, which goes without saying.

Speaking about SDRL, I just entered a position yesterday at $12 based on your method, or rather a milder version of your method.

I based on weekly execution since June 2014: anything above $11.86 would have gotten SDRL back into the hold zone, and that was enough for me to give it a shot. The volume was not to be ignored.

If I am not mistaken, you would want enter around 14.09.

I hope I am not too early.

Best of luck
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