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Re: Phoenix-Rising post# 84584

Wednesday, 06/22/2011 4:21:05 PM

Wednesday, June 22, 2011 4:21:05 PM

Post# of 126111
I know its not much. If I would have held on, the chances of getting more are pretty good. But I don't know that for sure. I took what the market was willing to give today, and got out. This stock has more intraday movement, that means I have more chances to get in on the rise each day. Even in a downtrending market, it can be done with these type of stocks. The better volume makes them more technically sound and chartable. They also tend to follow the market better, but the sector plays a role as well. The solar stocks in my watchlist were all up 3-6-6% today. STRI was the lagger. That was another reason why I chose it today. The chances of it going up are always better when the sector its in does too.




It's not always going to be the best strategy. No single strategy works in all markets. In a volatile - "who's in charge kind of market", it works.


I'll shut up now. smile Have a nice day.






Let's make one thing perfectly clear. I've made nearly 992,453
mistakes in my life. It's entirely possible that this post is
991,454.

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