MSFT 7/20/2005
I sold out of MSFT today. You may recall that I bought some the beginning of June. I marked the chart where I bought and sold.
My basic idea was to buy on the pull-back to the 13 week EMA. I did that OK. However, I bought when the momentum was still moving down. Big mistake. It all looks so clear today. Well, it was a lesson learned. So, buy when the weakness is over and strength is moving the stock up.
Out with a small profit. Still alive.
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