You are not tracking leo00o0.
| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| TGC | Exploration and Production | 7.97% | n/a | 6 | 11-Jul-08 | Prior Holding |
08-Jul-08
Taking profits quickly on super volatile consolidation
Holding Rationale for TGC.
TGC tanked on July 2nd forming a Doji pattern with a huge range (3.70-2.60) and since then it has been consolidating violently between 2$ & 3$.
at such a huge range I figured it would be easy to scalp 20c off this range and I did.
Not the best fill, actually not a very good one but even though it jumped all the way to my stop at 2.7 I waited and it tanked all the way to 2.22 and I got out at 2.23
I got in at 2.42 because I thought the pattern would be less erratic than it was. WRONG!
people are extremely scared that this commodity bubble is about to pop and nobody knows whether to load up or start going short.
Just take a peak at JRCC, it used to be 60 a week ago, now its 42! that's fear.
Posted at 13:32 in Holding Rationales | Permalink | Comments (2) | Top
Potential Trades (3...
There are many stocks to buy now with the continued lowering...
ezytrendtrader
You Think I’m Gonna...
I know, I know, I’m behind on several planned blog pos...
TimothySykes
CCK: Crown Holdings...
This article is a reprint of my 7 August 2008 RealMoney colu...
StockMarketBeat
EWA
Australia is an excellent place to be invested in right now....
tollesjm
Categories
Holding Tags
Watchlist Tags
Other Stock Tags
2 Comments on "Taking profits quickly on supe..."
Posted on 09-Jul-08 10:13 by BlainR
Today was a total shocker to me and everybody else who sensed a triple-bottom-picking oil-tanking bargain-hunting theme yesterday.
Posted on 09-Jul-08 21:10 by leo00o0
You must be logged in to post a comment.
Top