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Pascal
12-03-2013, 02:30 PM
I am closing the AMTD position now at 28.48, because EV is negative, BX, IBKR and other stocks in the sector are not doing well either. The main reason however is that if we have gap down tomorrow, I would probably not be able to exit at the stop loss level.

Better be out now and rethink this situation.

The last argument is that the 20DMF is about to issue a confirmed short signal, during a strong POMO day!


Pascal

21087

Pascal
12-03-2013, 04:09 PM
That AMTD sell was a poor decision. I managed to sell at the low of the day and POMO reversed the markets much above the 20DMF short level.

I bought BAC at the close so that I would at least end the day with two long portfolio positions.



Pascal

21088

Pascal
12-05-2013, 02:30 PM
Selling at 15.40 on a weak day.


Pascal

21144