Friday, November 03, 2006

out of CTRN again

Well, I had a sell order in for $40 on CTRN, which was 15% gain for me.
Of course, it shot right through that on the way to $45 today, but oh
well. I set that limit during the last sideways trend and twice in the
past week it peaked at 39.94, so I was thinking it was going to fall
back without even hitting 40.

I've done so much that's so wrong with this stock that I don't think I'm
going to trade it anymore. Especially not when the 50 is below the
200dma.

No more buying stocks unless they're from a proper breakout!

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