The symbol I analyzed on Wednesday, ADEP, moved higher today and met my criteria for entry. I've opened a bull position. See "ADEP: Bullish on robots".
I've closed four bear positions, some for losses, and
- ANF: "It's different this time!"
- EWZ: Bearish on Brazil
- INTC: Moves to a downtrend
- SYMC: Bearish on data security
The closings are an implementation of revised, and stricter, exit rules that I'll be posting this weekend.
My 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 decisions for his or her own account, and take responsibility for the consequences.