date 09/20/7 time 5.03 pm The day was one which ended with mixed feelings for me. having seen a profit develop on our position and then letting it go is always hard for a trader but it will pay us reach dividends if we maintain prespective in such trying times. I write "trying" because i have experienced these things over and over and frankly they r not at all trrying, but for u, who out there traded on it, i know how frrustrating it may all look like. The trade and teh situation ...
date 09/20/7 time 3.15 pm Rcom has not achieved its target of closing above 569 and hence we will wait to enter the stock at 3.30 today if it closes above 569. which seems improbable now as it is currently quoting at 565.40. Which means that we will wait to renter this stock tomorrow at 11.00 pm. On day charts the signal remains valid still which means that it will reach a target of 582.65. So happy fence sitting from here on.
Date 09/20/07 time 1.58 pm I am getting out. at 566. iwill reneter at 3.00 if it closes above569. Bye
date 09/20/7 time 12.20 pm The scare for the share seems to be over for now, at leats we will not be able to exit this postiion at 1.00 pm if it does not slide below 567 This is insurance against our capital. Assuming that one had bought the scrirp at closing yesterday we will still safe gaurd our capital. You see our first target has been achieved that of saving our capital. We are not going to take a massive hit on our capital for sure. I will have to see how it performs at 1.00 ...
date 09/20/7 time 11.08 am The hur has closed for Rcom steady. We were savedd my a whisker. See what i said some prespective and some clear exit points, money and time wise help us peg our positions in such a manner that if we follow them then the markets take care of us. For now the closing of 12 will become important for us. Lets is see whereit closes remember the target for Rcom is 582.65.