Wednesday, June 15, 2011

Bollinger Band Uptrend Dip Strategy Update

In light of the nasty market environment, I've decided to alter my price targets. A 3:1 return-on-investment when the stock market is tanking is beyond wishful thinking. Instead I'll aim for a 3%-5% gain (depending on the stock's ability) and place a 3% stop limit and 3% trailing stop loss after the buy. We'll see if that keeps me in green ...

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