So I waited and waited, and when I did bought some on 6/20/08, I get booted out on the same day where the low of the day just happened to be my cut loss. I wish I have entered when it hit its lower band early June but I didn't(I think I still had CRUS those times) and waited for the MACD cross. Bad choice I guess. And to add insult to injury, the stock had a high of 4.42 the next day. This is close to my target price of $4.45. I will be really staying out of the stock market for a while. DJI is also on a downward move. Maybe in a few weeks I will return.
Wednesday, June 25, 2008
Loss on the same day
I want to ride CPST(Capstone Turbine Corp) since May but doesn't have the guts to do it. I am a bit afraid since its a 2% cutloss is like $0.06 below the buy price. There isn't much room for whipsaws.
So I waited and waited, and when I did bought some on 6/20/08, I get booted out on the same day where the low of the day just happened to be my cut loss. I wish I have entered when it hit its lower band early June but I didn't(I think I still had CRUS those times) and waited for the MACD cross. Bad choice I guess. And to add insult to injury, the stock had a high of 4.42 the next day. This is close to my target price of $4.45. I will be really staying out of the stock market for a while. DJI is also on a downward move. Maybe in a few weeks I will return.
So I waited and waited, and when I did bought some on 6/20/08, I get booted out on the same day where the low of the day just happened to be my cut loss. I wish I have entered when it hit its lower band early June but I didn't(I think I still had CRUS those times) and waited for the MACD cross. Bad choice I guess. And to add insult to injury, the stock had a high of 4.42 the next day. This is close to my target price of $4.45. I will be really staying out of the stock market for a while. DJI is also on a downward move. Maybe in a few weeks I will return.
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