Market Flogging

Trend trading in the stock market

Thursday, October 05, 2006

Morning activity 10/5/06

I covered the HMY short:






In looking at the chart again, this was a bad play. This is a rolling stock and had just come off the bottom. This one was more likely to move higher.

I picked up SONS just a bit ago:






It's on an aggressive trend. The stop is about 5%, which is as far as I like to go.

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