Monday, June 25, 2007

Collective2: JADE out

Another stop hit as LJ International (JADE) broke through rising support and the 50-day MA. It has been a scrappy last couple of months for the portfolio - saved by the relatively low equity exposure but underpeforming relative to the S&P. Only one stock remains (OMNI Energy: OMNI). The 800 share lot closed for a loss of -$560 (-6.0%):