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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?


To: Stephen O who wrote (3878)1/2/2003 9:17:07 PM
From: ralfph  Respond to of 8273
 
Thanks Stephen. I sold my first bunch at 16.5 . The stock trades in 1/2 cent increments every day and moves about 3 cents each day. It appears to me that the thing could be swingtraded and I originaly bought with this strategy in mind. My only problem was that I did not leave the sell order in for a long enough period and as a result sold it at a lower level than I wished.
Its been a couple of years since I have got on the train and successfully swing traded a stock. The neat thing is when I do tag one I can usualy ride em for months if not years quietly trading in and out.

And Marcos I agree with you. I expect the market will look positive until the middle of next week and the action pretty much was to be expected as per last year.

But it seems silly to me. Although manufacturing was up last quarter, which was unexpected news that came out today.

take care

ralfph