Wednesday, November 17, 2004

I'm still up to the gills with the TASR that I bought after they released their earnings before the election at $41.50 per share. I put this picture up here to illustrate when I plan to sell it. TASR is shown with the 8-day moving average in blue. You can see that in almost every case where TASR was in a strong uptrend, it never broke the 8-day moving average. So I'm selling all my shares when the price falls under 1% below the 8-day moving average as of the previous day's close. This selling technique seems to work well on other strong uptrending stocks such as TZOO. I'm off to play some Half-Life 2 until the IBD meet-up tonite!


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