3 replies to this topic

[Sentient Being]

Taking a look at the trading I'm doing based on my own work..... I'm losing faith in that IEO positon and have decided to squeeze the stop in tight. In at 46.22 and stop now at 49.00. A 6% gain. I'll lose a little bit to trading fees but not much, less than 1/4 percent. Of course, as some have pointed out it's not as liquid as some ETF's so may be prone to gap through my stops and give me less. This could have significant upside left but I'm concerned about a correction here and decided to grab all the profit I can. It's still got a tiny bit of breathing room so I might hang on. I'm not seeing my ideal selling setup but it's close enough that I'm going to let greed take control and take away all I can here. My first good trade of the year. I based it on some different tools I'm working on as a way of looking at various valuations. The other trade I made this year was on commodites and it came out flat. I lost one dollar to the trading fee.

[vitaminm]

IEO / still in green zone

http://finance.yahoo...bc&am...0&a=&c=

[A-ha]

I have a strong feeling it will roll over but this arctic cold in New York must be giving traders very bullish thoughts every morning. So I started checking whether channel more than Bloomberg as I am short BHI big time.

Taking a look at the trading I'm doing based on my own work.....

I'm losing faith in that IEO positon and have decided to squeeze the stop in tight. In at 46.22 and stop now at 49.00. A 6% gain. I'll lose a little bit to trading fees but not much, less than 1/4 percent. Of course, as some have pointed out it's not as liquid as some ETF's so may be prone to gap through my stops and give me less.

This could have significant upside left but I'm concerned about a correction here and decided to grab all the profit I can. It's still got a tiny bit of breathing room so I might hang on.

I'm not seeing my ideal selling setup but it's close enough that I'm going to let greed take control and take away all I can here.

My first good trade of the year. I based it on some different tools I'm working on as a way of looking at various valuations.

The other trade I made this year was on commodites and it came out flat. I lost one dollar to the trading fee.

[Sentient Being]

I was taken out at 49. A hair over 6%. I'll take it. I was thinking the same thing about the cold blast to the east coast, that it might provide some upward pressure, but I'm not seeing that in my indicators so I squeezed the stop and now I'm out. So now I have to look around and see what looks good out there.

Edited by Sentient Being, 06 February 2007 - 10:59 AM.