Thursday, March 12, 2009

Buying DXO above 50 day MA




We still have yet to break out from under the scourge of the the 50 day for the past 3 months.
DXO needs to close above the 50day (2.53) decisively and then I will be megalong DXO.
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2 comments:

  1. RVAspeculatorMarch 12, 2009 at 10:28 PM

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  2. RVAspeculatorMarch 12, 2009 at 10:29 PM

    DXO became my largest position in mid-February when I bought another 3000 shares in the 1’s more than doubling my position.

    It might be a bit overextended now and I actually have considered taking a little off but I probably am just going to hold it all even if a pullback comes. Like I have been saying DXO is my favorite position right now.

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