Dali

This is a Trend-Trading account. The current holding is VNM.

I entered at $15.65 on 11/15/2012. The current chart is below:

I guess I am betting on a current floor of $15.50. Despite the recent downward trend, it seems to be finding a floor. PSAR is pointing up, MACD is going positive. VNM found a floor at 14.40 an year back.

Currently, I am operating under a very tight exit. I will look to get out at around $15.30. If VNM bounces from the support level of 14.40 - then I will look to get back in - if not then I will look for it to find a more sustainable bottom.

Dali - Persistence of Memory, 1931