After JOYG rocketed up $8 on Wed, I put in a buy order Thurs morning. I was going to do a market order, but woke up late and sat around watching it rise and fall for a while. While it was in the 58s, I set a limit order for $57.90. That executed an hour or so later. It closed at $58.12 on the day.
I'm not sure this is a good time to be buying, and was hesitant to buy this stock after it went up so much yesterday. "Surely it will go down after that," keeps popping into my head, but that's emotion and I have to block that out. One of the thing IBD says is a mistake people make is being afraid to buy at a new high.
So here goes.
Friday, March 03, 2006
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