Tuesday, February 21, 2012


DSX pulled back to value today after a nice run.  I'm in at 9.23, with a stop at 8.99 which is the PAR Stop.  On a trending stock that type of stop works pretty well.  Obviously, this is a very tight stop and well below the 2% rule.  However, if DSX is legitimately starting a run, rather than a flash in the pan, then buyers should be moving in.

Pulled back to the 13 EMA.    The Theory is that this would be the "value zone"  and since I bought on the pull back, my odds are in my favor assuming the trend is a legitimate move

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