A record of all my dealings with the stock market. I'm hoping that writing things down will help me stay disciplined and help me learn from any mistakes I make. Note: The lines on the candlestick chart represent Simple Moving Averages. Purple = 20 day. Yellow = 50 day. Blue = 200 day. The last candle on the right represents the day I made the trade.
Thursday, August 12, 2010
August 12, 2010
I'm taking a beating on this latest trade. Now is when I should be looking to get into ISSI. Not when I got in on the 2nd. It seems to have found support today at its 200 day SMA. If it plunges below that line, I'm going to have to get out and lick my wounds. I still like this stock. On another note, Jody's Netflix stock is also kicking my butt. Even after it dropped to $95 on the 29th, it's now risen to $132 as I'm writing this.
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