Tischendorf Letter Issue 130 - October 03, 2011
Greetings!
I got stopped out of: WPRT - Westport Innovations @ around 26.30
Today I decided to raise my stop loss slightly above my entry point and promptly got stopped out a few hours later. In my book this was one of the strongest stocks around. The market is sending a clear message here. "Stay in cash". There is simply no way I am going to argue with price. The most important thing is to protect financial capital and mental capital. Regular readers of my website know both forms of capital are equally important.
A great way to support my work is to tell your friends and family. Thank you!
Positions:
100% Cash
Best regards,
Olivier Tischendorf