Wednesday, May 02, 2007

Week 18

IMS system:

Long QQQQ.

Profunds system:

Utpix, came again to top of the list together with enpix and idpix.

I was asked what criteria do I use for keeping a trade open and/or determine exit points. What I use is a forecast or projection of Sup & Res. lines. When prices get out of those projected limits they will eventually re-draw the trend of the stock against my position, that is when it is closed. I will post this week some price projections (S&R lines really) to show the concept.

The results of last week trends are:

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Industry leader:

OSX, oil services.

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