I thought you were out of BBY? GG if you got back in when I posted on here. I think its heading south now- some retracement after parabolic move - back to at least 47.50 is my 'target' -- comments?
48.50 now... Sometimes that seems to be the key: Just relax and be willing to take what the market is willing to give. To hell with stop losses!!
Dr. Elder is a smart man. My trading is adjusted to what the market is showing. I always try work with several time frames whenever possible. Usually trades last from several minutes to three days. Last year and into this fall i held names for months with minor adjustments. I wouldn't trade OVTI b/c it does not fit my profile of a deep liquid instrument. However, i can still tell you where it's going in certain instances just as i can for stocks that do fit my criteria.
a couple more Im watching TRI (long 38-39 - maybe in at 40) DNA (short 94-95- OR maybe long Dec100c/long Mar 90/95p)