Thursday, October 23, 2008

Market Close Week Ending 24 Oct 08

Hi

Got a long signal on BEN but the financial sector is still below its 30WMA.

Got short signals on KCN, IOF and BKN but fat lot of good that does me seeing I'm not allowed to go short. I'm lucky I was already short a large number before the market tumbled.

Did I say lucky? There's no such thing as luck. It's being brave enough to take the opportunites as they arise. Ever heard the saying "fortune favours the brave?"

When the market opens on Monday I'll be moving stops on APN, IVC, NCM and XDJ.


Have a great weekend.
Sharon

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