WorkingInvestor |
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Saturday, November 29, 2008 |
Sunday, November 30, 2008 7:15:10 PM |
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I had the fun of buying 23400 shares at .97 early in the day while I was waiting/hoping for GGP to announce some resolution to their debt that was due Friday. The chart remained flat and was meeting resistance between .97-.98 so I sold out at .975. Only to get a news alert that mentioned FNM and checked to my dismay it was running up fast... Oh, well. I stll made over 3k Friday morning, but that would have been another 10k day had I held it a little longer... I am looking for a pullback in solars and drybulk shipping, mainly SOLR and OCNF as I have made around 70% on both in the past week...
Next week I'm hoping for the pullback with all the selling-into-strenght the last four sessions.
Happy Trading...
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