lowtrade

[lowtrade]

I have a plan trading style. One has to keep an eye on the over all market along with your portfolio. And for plan priority, over all market comes first. Sometimes I throw out the baby with the bath water, when a go to the sideline plan, is executed. And don't enter any new not stocks for any reason while there. It's just how I trade.

This time I threw out FWLT for a nice profit, but it continues to give more. Also dumped MSFT which did follow the market down. But that trade was at it's plan end target of $41 anyway. I was letting it ride on a trailing stop that just hadn't closed yet. Other positions balanced out for an over all gain. But had not reached targets yet. FWLT is the one I wish I didn't have to lose yet. As the flag target was 50 cents higher and it looks like it's going there, after today. LOL

This time on the sidelines, it's going to take S&P 1890 break for re-entry. I just don't like the whipstall since the "V" bottom.

http://stockcharts.com/h-sc/ui?s=FWLT&p=D&yr=0&mn=6&dy=0&id=p77254602323

http://stockcharts.com/h-sc/ui?s=MSFT&p=D&yr=0&mn=6&dy=0&id=p64277621450