Thursday, January 20, 2011

Scaled-in 10% of whole position in NMSAX

IWM is oversold today, with RSI(5) < 30 and %B < 0.1. As per my 401k strategy for 2011, I am starting to scale in 10% of the funds destined for NMSAX. The plan is to add 20%, 30% and 40%, in the next three days, for as long as it stays oversold.

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