Friday, January 26, 2007

Today's Trades: CAL and BLUD

As I noted last night, the airlines and CAL were high on today's watchlist. I went short 500 shares of CAL at $41.65. The stock is at $40.77 as I type this, so I may move my stop up to my entry level.

I came close to getting out of the BLUD trade, but I like the way the stock has bounced off of the 50 day MA. For the time being, I'm still holding on.

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