Wednesday, June 20, 2007

Splat...

Markets just tanked this afternoon, too bad they took a couple good stocks with them. VRTX was acting wonderfully until the closing hour sell-off; no stop loss hit so maybe it can resume, with more vigor, tomorrow? Same with a new position in RAH, good morning, holding up and then splat. Stock was an objective purchase, met all my criteria and I likely would buy it again. Did not hit my stop loss, but the trigger is a whopping 2.2% from my entry, talk about leaving some room to work. Tomorrow is going to be interesting. I am expecting a continuation of today's sell-off (would actually embrace it as I have retirement cash waiting to be reinvested if the dip is big enough), but at the same time, I would like to have VRTX and RAH show some strength. Oh well. My notes on RAH and no candidates for tomorrow...


For now,
Masterjaz out

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