Tuesday, April 13, 2010

Sold ARA

Sold 15 lots @ $1.17.

An uncertain decision:
  • Main reason to sell was that it was not rising, even in a bull market. And I'm impatient.
  • But falling MACD with steady price can mean that it is just working off its overbought condition...
  • ... but stock is still in an uptrend...
  • in a bull market.
  • Uncertain price action, yesterday: accumulation, today: distribution.
This decision is either going to look very smart or very dumb with hindsight, but when pulling the trigger, everything is uncertain.