Wednesday, January 24, 2007

Today's Trade: BLUD and FTEK

I was stopped out of FTEK at $26.50 (glad I used a tight trailing stop) for a $670 gain (+5.3%).

I bought 500 shares of BLUD at $32.25. The stock has pulled back to breakout support on low volume, in the midst of a nice uptrend. I'm still debating how to the play the stop. It's currently just below the early January breakout level ($30). However, I may move it up to the more recent breakout at $31.90, if I decide to play it tighter.

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