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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (29744)1/18/2008 11:39:55 AM
From: SI Bob  Respond to of 78670
 
I thought I'd really nailed it ([t]ACAS[/t]) for a position-growing trade by buying some at 29.34 yesterday and more at 29.44 this morning and putting in a limit order to sell most of those shares at 29.94, which it hit and just barely, making for a nice trade.

But I really screwed up the next one. Bought again at 29.54, expecting support and a bounce at 29.50. Currently trading in the mid 28's, wiping out the earlier gain.

Oh, well. This is one I really don't mind holding when I have (IMO) cheap shares.

Edit: Filled up the rest of the way at $28.30. Though the huge sell order at that price sure gave me pause.