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StockRake

My stock trading journal. I time the market and look for trading opportunities in stocks, etfs, and options.
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Midday Update

Started by StockRake · 9 months ago

Sold:
TITN @ 19.76 and 20.50 for a gain of 3.6%, if I had a little patience I could sell here @ 20.73 for 5%+
Bought:
DRYS @ 69.51
CPST @ 2.49
JOYG @ 70.23
RUT @ 712.74, right about where we are now as I type this (12:34pm est) RUT looks like its testing ... Continue reading »

3 comments

  • Jason

    1 year ago

    why did you buy CPST higher than you sold?
    reply
  • Sensei

    1 year ago

    Jason,
    It looked like CPST was doing a high range pullback. Its my own made up name, but what I mean is on 4-7-08 CPST opened at 2.58 and closed at 2.46. I got out at 2.44. This may be all the pullback CPST does. Usually with strong stocks thats the case. Look at JRCC as example.

    I got out too early of CPST on 4-3-08, so I have to take that into considering when I decide to buy back in.

    I know this probably makes no sense and I'm explaining things with built in assumptions that I'm not conveying, but the simple answer is that I was able to get back into CPST at a price that was lower than last weeks closing weekly bar of 2.54.

    I love what CPST has been doing lately, lots of orders. Technically, and I know I'm saying more than asked, but CPST's chart is fantastic. Could have big 2 year run into the end of the decade.
    reply
  • Sensei

    1 year ago

    CPST might do a more retracted pullback...down 3 cents this morning. Ugh, might have to drop it and wait.
    reply

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