This has been an awful day - even though I made some money I'm about ready to fall asleep at the switch. I'm posting now just to stay interested.
I took a position in ATHR - a gap up (for a change) that did one of my favorite moves - retreated to 8. That looks like this -
You see the 4th bar hits the 8 EMA (the green line) and takes off from there - I use "takes off" in a literal sense because it went pretty much no where. I'm out just before 2 P.M. for a 25 cent gain.
Monday, October 16, 2006
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