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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.

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2 comments:

  1. Anonymous9:25 AM

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

    ReplyDelete
  2. The Market Speculator11:51 AM

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

    ReplyDelete