Monday, May 21, 2007

Today's Trades: SYNL and ZEUS

Both of today's trades came from last night's journal. As I noted last night, I like the action in steel stocks. I bought:

400 shares SYNL at $39.12

400 shares of ZEUS at $32.90.

Both stocks made confirmation moves following low volume pullbacks.

I am heavily weighted in steel stocks, with these two and STLD, so I may take some profits later today.

1 comment:

FrugalTrader said...

When do you plan on selling GMRK? Into the $54 resistance?