The diary of a market speculator who trades stocks and commodities using technical analysis, chart patterns and trend following methods. I can be contacted at SinghJD1@aol.com

Thursday, May 29, 2008

Pilot Position in CLF

I took a small 75 share position in CLF today at $102.01. This one's an early breakout pullback. The stock could pullback to the breakout point at $97 and still look good. My stop is around $95 with an undefined upside target in new high territory.

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