Wednesday, October 18, 2006

Collective2: ACLI out

Pushed below the 7-day low to hit the stop intraday on Tuesday. Tightened the stop after what had been a rapid advance from $52 to $67. Trade exited at $63.89 for a +$1,488 profit on a 200 share lot.

Three new plays have been added to take the exposure to 36% equity, 64% cash on a $100K account with $14.8K in banked profit.