Wednesday, January 09, 2008

Trade Update

I sold half the SBUX position to take some profits and got stopped out of the QQQQ position. Before I went to bed I moved my stop up from $47.60 (as set by the model) to $48.15 - just below the low at that point for the day. It's good I did. The NASDAQ Composite is down around 50 points at the moment. The SBUX and BZH positions are up on the day but the others are all down now...

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