Tuesday, August 15, 2006

OCAS...

Sure, after complaining I'm trading too much, I still trade day-in and day-out. This trade in OCAS fit all my criteria to a 'T', so I was comfortable taking the position even though I am concerned about my number of trades. There is also the issue of chasing the market after a big opening. Just yesterday, a big opening failed miserably. Oh well. My notes--

OCAS:

As for the other trades, HET is volatile today and WNC is recovering. I would love to get a good CPI report tomorrow that carries these stocks 2-3% or more. For now, I'll monitor my trades and take action as necessary. There is a tempation to close either HET or WNC or both as they are in the green, but I'll wait and see where they are at 2pm.

For now,
Masterjaz out

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