http://stockrake.disqus.com/My stock trading journal. I time the market and look for trading opportunities in stocks, etfs, and options.enWed, 09 Apr 2008 12:58:47 -0000http://www.stockrake.com/midday-update-41~2008~04.html#comment-2379018<p>CPST might do a more retracted pullback...down 3 cents this morning. Ugh, might have to drop it and wait.</p>SenseiWed, 09 Apr 2008 12:58:47 -0000http://www.stockrake.com/midday-update-41~2008~04.html#comment-2379017<p>Jason,<br>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.</p><p>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.</p><p>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.</p><p>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.</p>SenseiWed, 09 Apr 2008 12:45:38 -0000http://www.stockrake.com/midday-update-41~2008~04.html#comment-2379016<p>why did you buy CPST higher than you sold?</p>JasonWed, 09 Apr 2008 05:17:23 -0000