Midday Update

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April 8, 2008

Sold:

TITN @ 19.76 and 20.50 for a gain of 3.6%, if I had a little patience I could sell here @ 20.73 for 5%+

Bought:

DRYS @ 69.51

CPST @ 2.49

JOYG @ 70.23

RUT @ 712.74, right about where we are now as I type this (12:34pm est) RUT looks like its testing support and might give one good up push today. Then I want to cash out eod if there a profit on the end.

EWZ @ 84.92 The Brazilian ETF

DAR @ 13.06

—

KKD – Krispy Kreme Doughnuts might be turning the corner here.


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  • Jason

    why did you buy CPST higher than you sold?

  • http://jason@redwooddesign.com Jason

    why did you buy CPST higher than you sold?

  • http://www.stockrake.com Sensei

    Jason,
    It looked like CPST was doing a high range pullback. Its my own made up name, but what I mean is on 4-7-08 CPST opened at 2.58 and closed at 2.46. I got out at 2.44. This may be all the pullback CPST does. Usually with strong stocks thats the case. Look at JRCC as example.

    I got out too early of CPST on 4-3-08, so I have to take that into considering when I decide to buy back in.

    I know this probably makes no sense and I’m explaining things with built in assumptions that I’m not conveying, but the simple answer is that I was able to get back into CPST at a price that was lower than last weeks closing weekly bar of 2.54.

    I love what CPST has been doing lately, lots of orders. Technically, and I know I’m saying more than asked, but CPST’s chart is fantastic. Could have big 2 year run into the end of the decade.

  • http://www.stockrake.com Sensei

    Jason,
    It looked like CPST was doing a high range pullback. Its my own made up name, but what I mean is on 4-7-08 CPST opened at 2.58 and closed at 2.46. I got out at 2.44. This may be all the pullback CPST does. Usually with strong stocks thats the case. Look at JRCC as example.

    I got out too early of CPST on 4-3-08, so I have to take that into considering when I decide to buy back in.

    I know this probably makes no sense and I’m explaining things with built in assumptions that I’m not conveying, but the simple answer is that I was able to get back into CPST at a price that was lower than last weeks closing weekly bar of 2.54.

    I love what CPST has been doing lately, lots of orders. Technically, and I know I’m saying more than asked, but CPST’s chart is fantastic. Could have big 2 year run into the end of the decade.

  • http://www.stockrake.com Sensei

    CPST might do a more retracted pullback…down 3 cents this morning. Ugh, might have to drop it and wait.

  • http://www.stockrake.com Sensei

    CPST might do a more retracted pullback…down 3 cents this morning. Ugh, might have to drop it and wait.

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