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Monday, September 25, 2006

IAAC

One of my screwUps today was selling IAAC shortly before it hit its low of the Day. I was actually busy looking at HANS at the time, and I didn't set any alerts when IAAC broke below 21, which is where I should have sold it. In retrospect, I should have been holding, since IAAC has not violated its 50d MA (although I used the 60d MA in the above chart since in the case of IAAC, the 60d MA seems to better model the trend and support line).
At least I have this documented now so that I can figure out how to improve from here.

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