RE:RE:RE:RE:You No...Sounds like you've been doing the 'January effect' trade that I do every year as well. Works almost every time.
.69 is quite optimistic, but I can understand why. .71 is some of the toughest resistance on the chart, so selling just below that is what I'd do do ensure I get out when I want.
March is typically when the majority of RSP funds come flooding in, so we do usually get a market bump between Jan - March sometime, depending on when big money starts deploying the rsp $'s
In general, a decent strategy, but I'd strongly suggest using a stop loss order for N, or even a mental stop loss to ensure it's not in the red by March for any reason.
Keep us updated on how it works out.
rixpix wrote: Thanx. Didn't chart anything. Buying stocks in December and selling a few weeks or months later is something I do often. When it works with a stock I repeat it the following year.
Dec is tax loss season. Heavy selling usually happens with stocks that have lost value during the year, and I usually end up picking up some good deals.
With N this year, my plan is to sell my shares at 69 cents, or March, whatever comes first.
Good luck with your investments.....