(ATI and MF are approaching very interesting levels. And since I play both with their common shares, I needed to free up cash to maintain a proper risk profile to the portfolio. AXP is the most likely to fail technically, so I sold out of that one.)
Wednesday, February 23, 2011
re-positioned... AXP
I sold out of AXP due to the technical set up. It could not hold the 76 SMA support, so I wanted to position that cash to enter ATI or more MF.
(ATI and MF are approaching very interesting levels. And since I play both with their common shares, I needed to free up cash to maintain a proper risk profile to the portfolio. AXP is the most likely to fail technically, so I sold out of that one.)
(ATI and MF are approaching very interesting levels. And since I play both with their common shares, I needed to free up cash to maintain a proper risk profile to the portfolio. AXP is the most likely to fail technically, so I sold out of that one.)
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