Monday, May 01, 2006

This week's moves

There are some specific moves I want to make
TEVA - Prepare to move on. Set stop of $40.
TRID - Buy back in. We have $11,949 in cash that we will use.
WIRE - Prepare to move on. Set stop of $42.
NTRI - Protect against pullback. NTRI had a super run. There is the chance of a 10% pullback to ~$60. I want to get out before that happens - we can always get back in. Setting a stop of $66.

With TEVA and WIRE our goal is to take the profit and move forward. If they go up, fine. Otherwise we set tight stops - about 3% below closing prices.

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