Wednesday, November 7, 2007

ICE - Broadening Top



I was poking around some charts this afternoon and came across this one. Intercontinental Stock Exchange. (ticker ICE) which has a very good looking broadening top. I simply have too many positions on right now and am angry at myself for breaking rules(you always pay for doing this) and not adding to winners(ie JCP, SHLD, C) For those looking for a low risk/high reward trade this may fit the bill. Again, I am passing not out of anything to do with the chart but rather position overload right now.
Good trading to you all.

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