Thursday, July 12, 2007

Trades: EWZ and JOYG

I am posting yesterday's trades a day late due to computer problems.

I bought 500 shares of JOYG at 62.04. As I noted on Monday, I was looking for a breakout with better than average volume above $62.

I bought 500 shares of EWZ at $64.25. For quite some time, EWZ has been the perfect "buy the dip" stock. The Brazilian ETF is not to be missed on dips.


Anonymous said...

What's your price target on JOYG? And how do you set a price target?

The Market Speculator said...

When I am trading new highs, I don't have specific targets. I'll just keep trailing my stops until they are hit.