Market Flogging

Trend trading in the stock market

Tuesday, April 24, 2007

Tuesday morning

This morning, I'm getting whacked. Down about .75% at the moment, but that can change quickly. One morning does not a retirement make.

Two positions got sold today. After 85 days, OI was sold at a 36.15% gain. I was expecting this one to bust soon as the chart was looking like a top.

After 15 days, ARW was sold at a 0.25% loss. This one is disappointing as the chart lately was looking very good. They released earnings today, and while I haven't read up on the release, the headlines look very good. Whatever.

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