Tuesday, November 21, 2006

Today's Trade: JOYG and AKAM

Although I am on vacation, my mind is never too far from the markets and I was able to make a couple of trades. Since I am not able to monitor my watchlists as close as I would like, I've narrowed my watchlists to only a few sectors and stocks, and probably won't expand the list until next Tuesday.

I sold all 400 shares of AKAM at $50.51 (entry at $48.35) for an $864 gain (+4.5%).

I bought 400 shares of JOYG at $42.73. The stock has been on a steady uptrend after what appears to be a bottom, and broke out on nice volume today. My initial target is $45-47.50.

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