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Re: PriceTeam post# 38771

Sunday, 06/07/2009 6:34:22 PM

Sunday, June 07, 2009 6:34:22 PM

Post# of 51841
Good thoughts. As for not trying for every penny, definitely agree. I think my question on whether to buy the 10-MA cross at close or intraday was not out of greed but a function of the volatile market. We've been getting 10-15% moves on single days, and if you bought the 10-MA cross at CLOSE, i.e. after the big move, it could limit your upside for a few days. Same thing with a 10-MA cross that is a gap. Big moves tend to put a stop to further movement, and it's ideal to get that MA cross as soon as you can. Unless you like lulls in your forward momentum - I don't, at least not in a choppy market.

Anyway, you've given me some hints in your earlier post and I plan to follow up on that.

GL in your trading. CD
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