Funny you should ask, that's my third JH method stock trade - in at 4.17, but only a trial portion. And I sold half at 4.74. -palinuro
Me too. I'm going to close out all of my short term positions before the FOMC tomorrow. Not even sure if I'm going to enter into any new positions tomorrow until after the decision.
Yeah, still looks ok, but there's no sense owning something that's been in a long term downtrend on FOMC day.
Whoops, rushed into BKI a little. My order bumped it over the resistance at 18.01 and so I got a pretty poor fill at 18.07 as everybody else then rushed into the stock. All planets aligned EXCEPT of course that it has yet to hit lower band DU. Currently volume about 57% of LBDU, so it's looking like a challenging target. I have lost money on BKI before so a little nervous. Nothing else looks very interesting: MTH gapped up too much, NFI not generating enough volume. Perhaps AZZ. Suss
BKI is on my list for today also. Sitting on AOB and PTT still,, prolly gonna sell here right quick and wait until after the FOMC. I keep a 30 minute and 5 minute chart running also to find really nice buy points. Use your daily as usual though. One thing that helps me is to have a column on my stock list that has % change since open. Qcharts calls it net since open% Quotetracker = ChO% This tells you quickly how a stock is doing today, especially helpful when you're looking to get into something.