[pcabc]

The way that I see it is that the stock has fallen below the Moving Average. It's time to sell. This is similar to the WalMart stock chart a couple of pages on.

I thought get out straight away applied to traders? I'm wondering whether I've been too agressive in getting out in the past as I got out of Greenking when hindsight showed I should have stayed in, but my calls on Diageo and SSE were correct. However, hindsight it not the game, being right more often than you are wrong, and accepting that you will occasionally be wrong appears to be the game to me. Interesting to see that your interpretation is more aggressive than mine.

So, I would say it's time to gt out and if the price rallies above 19 then it may be a signal to get back in again.

I do hope that you got in at about 14s last summer and, if so, you would have made about 30% on this one.

Got in at 1458, however, it was one of my first trades using the book and it is of a relatively small size so unfortunately fees take a large bite out of that one unfortunately. However, I was expecting that as obviously smaller purchases mean more trades and more practice early on. As experience and confidence has grown I've upped the size of my purchases to reduce the effect of transaction costs.

Anyway, I've got a couple that are around 50% at the moment so I should not complain too much about fees... :-)

Given my track record I will have found somewhere else to put the funds before it hits the 1900 mark.

I could be wrong here, but this is my interpretation of selling.

- Malc

Thank you. I think this is useful as a calibration exercise.

Pete