I sold in the $65.50s hoping to buy back in the $62s (which at the time was where the 20 day moving average was)... I missed my repurchase by about 30 cents as the stock fell to $63. It happens.... but my error for not moving my limit purchase order up to the 20 day moving average a few days after I entered it, because this is exactly where the stock fell to.
With a breakout over the obvious resistance of $66, I am adding back a 1.25% exposure today in the $67.60s. As long as $66 holds, this reasoning for this addition should hold.
[Mar 18, 2010: Restarting Quality Systems]
Long Quality Systems in fund; no personal position
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