Monday, June 22, 2009

I guess I spoke too soon

I quit the day early claiming that the trend day had fizzled. It hadn't. It turns out that we got a near perfect trend day with just a couple of touches on the 50 EMA and a close at the low of the day. It sure didn't look like that's what was about to happen as we got that bar that peeked just above the 50EMA with 25 minutes left in the trading day. But I guess that's where sticking to the plan pays off. I didn't, and I missed out.

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