The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Thursday, October 04, 2007

In Play: APPY, SLI, SSRX

APPY is in the midst of working on its pivot point. SLI has a nice bounce off the 50 day MA. Cut your loss with a close below the 50 day MA. SSRX has formed a decent pivot point. Notice how it has bounced off today's low. The stock was down over 7% earlier and it has regained some strength. Cut your loss on it if it drops 7% from the new buy point.


Update- Note- I sold SSRX for a 7.23% loss

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