I have been trying to ride F(Ford) since monday but wasn't able to... when I finally was able to buy at $6.55, which incidentally had been the cross of the MACD over its signal, I happened to notice that it has also formed a kind of doji. So a big white candle followed by a doji, spells something like a possible reversal.
And so the news came... JP morgan had some losses, etc. etc. Most stocks have started low and most, or probably all, went down. Ford had a low of $6.09 but closed at $6.22. My 2% loss got triggered and I am out.
Anyways, "goosebrava"... "goosebrava".. or whatever, I'll stay out for the moment. I need to rethink my strategy... obviously this didn't go well. My current batting average 2 wins-2 losses. So far, I am still up 5% and I wish I won't loose ths 5%.
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