Tuesday, September 19, 2006

Collective2: Viad Corp (VVI) out

I had raised the stop once a fresh 'buy' signal was given in slow stochastics. Ironically, the 'sell' trigger in this indicator was countered by Monday's bullish piercing pattern (although it is a weak pattern, because stochastics are not oversold). Unfortunately, the stop was taken out; the 300 share lot closed for a +$540 gain.