Showing posts with label dxd. Show all posts
Showing posts with label dxd. Show all posts

Friday, January 22, 2010

New Intermediate Term Trade


I am posting a new intermediate-term trade here based on the weekly technicals and sentiment which I have discussed ad nauseum.

New Trade:

Buy DXD with a market order. 30.48 is blog entry price. Place a GTC sell stop at 28.00 after entry. If anyone still had a buy stop at 29.00 then that's good, you are already in and just use this post for the stop placement.


I will still be looking for a possible short term bullish trade next week if things look right. But the larger picture tells me to take this intermediate term trade.