Short TGT From our watch list.
We were watching TGT fro a few days.
Entry 63.03
Stop 63.10
Target 1 63.90 we took 1/3 +.12
Target 2 63.60 1/3 +.33
Target 3 63.50 Never hit.
Covered 1/3 +.23
Trade 2
Long ANF From our watch list.
This came to our attention because of recent earnings.
We missed the early entry into ANF. So we kept stalking
ANF for a secondary entry.
Entry 43.30
Stop 43.21
Target 1 43.50 1/2 +.20
Target 2 43.75 1/4 +.45
Target 3 44.00 Never hit.
We raised our stop to .60 We were stopped 1/4 for +.30
It continued afterwards climbing to 43.85 just before bell.
This week things will slow down to a crawl towards Thanksgiving.
By Wednsday we expect the volume to dry out and hardly any
movement on Friday as most traders would not bother showing
up. So proper trading should resume on Monday. So we plan to trade
accordingly.Slowly and taking whatever we can get, in light trading.


No comments:
Post a Comment