Thursday, December 26, 2013

Thursday's Outcomes: XRS

I analyzed XRS and decided to open a bull position, but its momentum faltered early on, in a 15 minute decline that began in pre-market trading and carried forward into the first five minutes after the opening bell. I've added XRS to my Watchlist. See "XRS: Bullish on China's crammers".


My shorter-term trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.

Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

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