RE:RE:RE:Sold a large chunk. Well it is hard to argue with your results so far Pottsy. I am guessing you managed another 5xish swing this month based on your selling buying posts although at the moment you are not invested. Do you feel that FOMO of not being in that VW was feeling or do feel safer not being invested as lashing stated? Just to be clear you are swinging your entire CJ position and not just a small position around a larger core like lashing has said he is, correct?
Like I said it looks like it is worth doing but the FOMO grips me the other way as I expect oil prices to rise as many analysyts have predicted but not quite come to fruition, yet. Also what triggers are you looking for as to knowing when to sell and when to buy back in? Moving Averages? Trend lines? Relative Strength Index?
CJ seems like one of the better stocks to do this with as if you get stuck in it, you get stuck in a very good company with good management and a high yield that is proving to be in that sweet safety spot being able to yield the most while being just above the borderline of sustainable.
Anyway you guys keep doing you and GLTY and all
Pottsy wrote: Thanks Quint1, missed the divi this month, but pleased with my buy and sell strategy, nice gain this month. I set a buy at 7.03 on Friday and when I checked at 5 pm I missed the buy by 1 cent then she closes at 7.12. Oh well next week. Noticing that there are a growing group of traders on this site now. P