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.adding swing SVA OVERSIZED at 8.18 . the strength in NVAX s

Posted: Mon Sep 28, 2009 11:10 am
by MMASSASSIN
.adding swing SVA OVERSIZED at 8.18 . the strength in NVAX should here translate to SVA as a sympathy. today i made a monumental mistake, after waiting for multiday buy signals to clear on NVAX for over a week it cleared at open today and I stupidly chose to wait for the opening hour to pass, now the stock has moved from 3.90 to 4.37. I will wait for NVAX to shake before entering. where she will give a sweetspot now is hard to tell, the highest reentry I would like to make, would be at 4.10. This is a stock I have entries at 9.80 and 10.35. so this entry brings down my average and up the position to a 3X oversized position. on a swing up I now only wish to break even on this position.