Friday, November 2, 2012

MDVN short...NEM stopped out

Took full short position this a.m in MDVN on break of $50...noticed a little late on my alert system, so didn't get filled till $49.58...

Well that was quick, stopped out of NEM this morning right after open at $50.83....have to respect reward-to-risk ratio's and this is one of those times where it stings, but often end up proving to be good levels to exit...time will tell...

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