Wednesday, August 02, 2006

Collective2: HE and RDN out

Disappointing earnings from Hawaiian Electric (HE) killed its recent run off $25.75. The break of support was enough to stop the position out at breakeven; the 300 share lot closed for +$90.

An aggressive buy at support for Radian Group failed to deliver as the stop was knocked out at the very lows of today. The 150 share lot closed down -$114.

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