On December 12, 2009 I wrote that C was a buy at $3.12. It has now rallied almost $2 and is testing the Yearly R1 pivot(purple line R1) at $5.02. ...up 60%. I still like C, but look for a pullback to the 20($4.66) or 50dma($4.12).
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1) Protect your capital 2) see rule #1 3) don't trade what you think, just trade what the charts say 4) use stops on all orders 5) never let a winner turn into a loser 6) never buy R2 7) never short S2 8) 3 losing trades in a row= strike 3.......shut down the computer for the day. Something is wrong in my head!
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