Market Flogging

Trend trading in the stock market

Monday, September 11, 2006

The good, the bad and the ugly

Lost two today for large losses. EME lost 8.47% and NEU lost 12.12%. I knew going in that both had a lot of risk, but I liked the way they set up. The big mistake may have been setting the stops below the previous low instead of below support, like in the "old days".

Also bought HPOL today. It's a cheap one that looks really good. Nice breakout today.

As hoped, CXW put in a big breakout day. This is the biggest mover so far at just under 20% gain at today's close.

0 Comments:

Post a Comment

<< Home