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.

2 comments:

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.