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Hi dt,

Exit strategy? Good point. In retrospect, that would be a good thing to use next time. I didn't have one set up because I hoped the run up would last longer (or at least hoped there would be a run up) and with my LTBH methods I didn't need one too much.

The indicators I used in no particular order were:
- MACD(12/26) crossing over the MACD(9),
- 50 DMA crossing over the 200 DMA,
- Stochastics under 50 (but if I remember correctly I ignored this at least once),
- Increasing volume,
- Candles indicated a bullish buying opportunity (as defined on the Stock TA website):

That's about it. I would also do a basic look at the company and read the latest news articles.

I feel it's a case of jumping in after the run-up and holding on hoping for it to happen again. I sold all the CAAS for about 50% loss but am still holding the TCOM hoping a LTBH strategy will still make it work out. Down about 75% on it currently. I am eager to get involved more with the rising opportunities in China...maybe too eager at times, but see a lot of potential there. But, back to TA...

Without a specialized computer program looking for my "set" of criteria when to buy/sell I think I'm a bit handicapped finding stocks to consider, and don't think I'll ever be a big trader so no need to buy one, so I watch the lists of hot movers and drop into message boards sometimes to look for ideas.

That's about it. Still evaluating "what went wrong" which could take awhile. Mainly I could reduce it to rushing in at the wrong time with no idea what caused/would cause the stock price to move either direction.

I would appreciate your insights, comments and observations to help me grasp this better. Who knows, I may find some "mad money" again someday and would like to have some fun! Making $$$ would be fun! Ha ha! Thanks, dt.


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