Tuesday, June 12, 2007

Shorted IMCL today !

Closed the TRR long position and shorted IMCL.

IMCL
S:37.5
Why short it:
-weak markets
-short term weakness
-patent dispute

FCEL
B:7.44
S:7.13
-4.1%
Mistake:
bought at the high of the day and sold at low of the day!

TRR
B:13.89
S:13.6
-2%
Why close it:
-not moving up
-no patience
-dead money
-low volume

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