every day is a new day in stock markets, never boring!
I am out of XL at 3.27 bought hours ago at 3.11 at the absolute darkest time. I am out because I do not want to carry too much margin, I am out because I do not want to be too greedy, 5% gain in a couple of hours is not too shady. I am out because I am trying to learn to show some respect to analysts. XL got downgraded by an analyst this morning, I used to sneeze at those analysts. Now I try to take advantage of that. The downgrade makes share price go lower, do not fight against it, just try to buy at even lower price, better strategy.
My account goes from down 10% to positive this morning, wow!
longtermInvestor (2009-01-15 11:47:39) 评论 (0)every day is a new day in stock markets, never boring!
I am out of XL at 3.27 bought hours ago at 3.11 at the absolute darkest time. I am out because I do not want to carry too much margin, I am out because I do not want to be too greedy, 5% gain in a couple of hours is not too shady. I am out because I am trying to learn to show some respect to analysts. XL got downgraded by an analyst this morning, I used to sneeze at those analysts. Now I try to take advantage of that. The downgrade makes share price go lower, do not fight against it, just try to buy at even lower price, better strategy.