Wednesday, November 05, 2008

Taking Partial Profits in FSLR Short

I just took partial profits in FSLR at $159.66 (entry at $176.18) for a one day $1652 gain. I am still short 100 shares and have moved my stop to entry level.

My next target is the $140-150 range. I will exit the rest of the positon if it reaches that level.

While I mentioned the trade after I made it here, I outlined my plan for the trade the night before in the trade report. You can see that report here:

http://docs.google.com/View?docid=d5z8q8w_399fj2sxvgw

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