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Re: overhead post# 143

Monday, 08/18/2008 9:29:57 PM

Monday, August 18, 2008 9:29:57 PM

Post# of 237
You can never go wrong taking a profit...

If you are bullish on SOLF, my rule of thumb is to accumulate shares in corrections to the intermediate-term uptrend. In other words, buy on the dips. How I do this is look for this set up. Accumulate when the price < 5-day price EMA and > the 21-day price MA. Alternatively, if you are bearish and wish to short, sell short when the price > 5-day price EMA and < the 21-day price MA.

The above is only a guideline--not a hard-and-fast rule set.



Regards,
frenchee

#board-4258 TSP Trend Timing: EFA (I), TLT (F), SPY (C), and VXF (S)