Monday, April 03, 2006

missed JOYG

Man, I sold JOYG a day too soon. Today it's up $3.35 (5.59%)

I don't think I would have got out, either, if I didn't have a stop
order in. It closed higher on friday than it dipped throughout the day
and I was shaken out. So, that's another vote for only basing sell
decisions off of close prices.

Of course, there's always the chance that without a stop order, you
could get bit by a plummeting stock.

I'm going to leave NWRE without a stop for now. ABAX has a 20% trailing
stop. CTRN I have both a stop and a buy stop if it goes 3% over my
puchase price.

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