Thursday, March 08, 2007


Tody, Mama opened high in huge volume due to its strong earnings.

Entered at 6.08 in 2nd up waves, then it made a high at 6.2 and another higher high at 6.22, then it retrace backe and made a lower high 6.16. This is a strong signal for exit. Should get out around 6.05. however, I just ignored the signal and until it broke down around 5.9, out at 5.84, lost 0.22 cents.

Never ignore the market signal, don't trade on hope!!!!

No comments: