Thursday, August 9, 2007

Nibbling On Select Stocks

Nothing major.

I bought 100 shares of ALGN. I've been doing some DD on them the past week, and I like what I see. I also like the charts. I will add to this when appropriate.

I should mention that my strategy of selling the first bounce would have been profitable. However, due to numerous factors, some of which have nothing to do with trading, sentiment, market psychology, etc., I did not follow through.

***Update*** Bought another 100 shares of ALGN @ $26.99

10 comments:

Broker A said...

You have good instincts and discipline.

You're in the wrong business.

Woodshedder said...

I've got to ask you to elaborate on that Fly.

mdawsz said...

Holy shit...what a prick! I say you drive to NY and bust his jaw loose.

Ragin' Cajun said...
This comment has been removed by the author.
Ragin' Cajun said...

Wood,

I would like some T&A tonight

Broker A said...

Wood--

I'm serious. Forget about all the fancy HANS trades you mucked up. Generally, I believe you have a good feel for the markets.

Case in point: You went to cash, prior to the debacle.

It's a compliment, believe it or not.

Woodshedder said...

Thank you fly. At first, like M, I wasn't sure what you meant. Seriously, thank you.

Cajun, what would you like? Any particular index or stock? Did you get my email?

Ragin' Cajun said...

Never got an email.

T&A S&P or DOW

Broker A said...

You guys better be prepared for tomorrows knife fight.

CFC fucked the world.

Ragin' Cajun said...

I agree!

Wood,

matt504bt@gmail.com