Friday, April 4, 2008

Trades Of The Day - Blue Coat Systems, Inc. (Public, NASDAQ:BCSI) & Arch Coal, Inc. (Public, NYSE:ACI)



Shorted $20.54
Closed postion $20.08

Notes
1) Exit to early and missed the 38% target.
2) Perhaps I should have waited for the candle to closed.



Bought $49.02
Stopped out $49.05

Notes
1) Moved stop to limit risk.
2) Should have partial near R2.