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Wednesday, April 14, 2010

Wednesday 4/14/10 wrap up

Buy line soared on buy/sell Vindicator today, this move has some push behind it.  Party like its nineteen ninety nine.  Extreme frustration for me, as the little buy/sell dipsy-doodle at yesterday's close led me to close longs put on earlier in the day.  Need to spend some time reviewing trading rules, one thing that occurs to me here is that a more appropriate action in that situation would be to tighten stop so that profit is locked in rather than immediately close the position.  On Elliott count, note that IF the labeling is correct we have a ways to go.
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