Friday, September 29, 2006

Collective2: GSTL

The low risk trade didn't pay off as the stock dipped intraday to undercut the prior 4-day low. Also triggered was a 'sell' in slow stochastics. A minor break, enough to stop my Collective2 position, but not enough to suggest the trend is broken (a break of $21 would be needed for that). The 400 share lot closed for a -$156 loss.