Friday, October 05, 2007

Today's Trades: LULU and RIMM

I bought 400 shares of LULU at $44.80. I like LULU as a developing hot momentum play to be bought on dips.

I bought 300 shares of RIMM at $110.12. Strong accumulation on this trending stock leads me to believe the response to earnings is the start of a new leg higher.

1 comment:

TraderMark said...

I will be interested in how RIMM works out - this is pure momentum trading at its best so I like to see how it works out since I don't employ the method but I know it works for many.