For the next couple of days I will have my eye on two stocks. Integrated Silicon Solution (ISSI) and Mindspeed Technologies (MSPD). I'm waiting on one of them to bounce. MSPD has bounced off of its 200 day SMA twice this month and is approaching it again. ISSI is down 10% today as I'm writing this, but it's still up 14% since July 20th. It's also nearing its 20 and 50 day SMA. The Market guys say to buy on a green candle that creates the pivot point so that's what I'll do. With their strategy, you don't get the bottom price on the buy, or the top price on the sell, but you should get a big chunk out of the middle. It's like cutting a pineapple before you eat it. At the end of yesterday the scoreboard reads:
Me 16.14%
S&P -.80%
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