Trade 1 The only one! (again ..with a different result)
Short GPS This we added to our watch list in the morning.
Short 33.89/Stop 44.10
Target 1 33.69 1/3 +.20
Target 2 33.49 1/3 +.40
Target 3 33.00 more +.89
Target 4 32.00 more +1.89
WE lowered stop to 32.50
Target 5 30.50 we lowered stop to 31.50
We were stopped out finally for +2.39!
After that GPS climbed back to 32 and collapsed to our
target of 30.50! (30.53)!! All we had to do was hold a
few shares with the 32.50 stop,without changing it .That
would've been a sweet score.
But we made great money on GPS.
risk/Return .21/2.39 1138%!
That is 11 times your risk.Have you seen what baseball
players do when they hit a home run? They walk back in to
the dugout. This is a home run. We did the same thing.
Walked away.
This trade compensated for a lack lustre performance
last week. This is how you trade. Wait for the trade to come
to you.
