PWallaceNice call. Most people i speak to bought in april and...

PWallace

Nice call. Most people i speak to bought in april and may. I wish I bought in march instead of may but we cant be greedy. Btw, more important than buying timing is selling timing. Most people execute great buys but horribly fail at sell timing. This is so true with aax, macd suggested a sell at 5.20, but after such a long uptrend its always good to wait a day or two and look what happened... $5.95 only to be shot down again. Some call that last little surge in price the climax of the trend. Usually followed by a sustained sell off.

Do you follow charts? AAX has an interesting macd atm, its in a solid decline. Look for it to turn up. Its got enough buying support to overcome the resistance from the 10day moving average (usually within 3 or 4 trading sessions). My eyes are glued. Good luck.