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[QUOTE]Originally posted by Machiavelli: [QB] [QUOTE]Originally posted by Jo4321: [qb] Other than those 5, I also have ONT NTRI EPAX and TRY.B All of which are in the red. I had Apple but sold it last week at $129.70 for a small gain (after some previous losses in it) And, of course, the one stock I shorted has done nothing but gone up, even though the chart looks like it was overbought. (swc) Jo [/qb][/QUOTE]ONT = Keep it for now. It's heading down to RSI 50 and that should be SUPPORT. But if it crashes through on decent to high volume then DUMP IT!!.You can always rebuy if I am wrong and it bounces back up and through RSI 50. NTRI = Dump it. Below RSI 50, in downtrend etc. Rebuy if bounces off of RSI 20 on decent to high volume though I wouldn't rebuy it because i prefer going Long on stocks above RSI 50. Note: MA's are lined wrong. Indicator to dump it. Should of Shorted it before. EPAX = Dump it. Crashed through RSI 50 which is now RESISTANCE. TRY.B = Dump it. Read my EPAX notes. Might go up temporarily on Monday because of Aftermarket hours prices but remember RSI 50 is now RESISTANCE. Stop losses on any of these Jo? No? :rolleyes: :d: Your becoming a action junkie. Dump all of them except the one i recommended. Go into cash and rethink your trading strategies and go back to Mach's rules. Right now it is a Bear market and you should be shorting more then going Long. But short stocks under RSI 50 with bad financials not Mining companies where there is a Bull Market for precious metals and other commodities. :rolleyes: [/QB][/QUOTE]
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