Thursday, June 7, 2007

Good Morning World

I sold 300 SWN @ $46.91. This made a profit of about 400.00, or about 3%. There looks to be some support around $46.00, and I'd consider buying it back around that level.

The Nasdaq is bouncing around just above the 20 day moving average. I will begin to get a tad concerned on a close beneath ~2570.

More updates later.

***Update*** Sold 1000 GIGM @ $14.85 for a small loss.

***Update*** Sold 1000 SWHC @ $14.90 for a big, fat, man-sized gain of 14% or ~$1800.00 This trade is one of my best of the year in terms of execution.

***Update*** Sold 500 PFWD @ $15.98
The market is speaking. Are you listening?

3 comments:

Anonymous said...

wood-

So what is it saying?

jog on
grant

Caffeinated said...

Care to join me in a little business venture? "Suck My Hansen" videos, blogsite, maybe action toys?

Jeff said...

Cafe, sounds great. I hate HANS, but I remain firm in my conviction that the volatility squeeze will be to the upside.

Ducati, I have no idea what it is saying. Kind of like when my wife talks to me, or like the teacher on your favorite, Peanuts. Blah blah blah blah blah.