The Motley Fool Discussion Boards
Investing/Strategies / Short Term Trading
|Subject: LU||Date: 1/24/2004 2:38 PM|
|Author: zyaw||Number: 23209 of 36691|
Decided to join the herd that buys and sells LU in large doses
the market was rolling through millions of shares @ 4.11-4.12
So I put in bid @ 4.08 (ended at4.11)
Now my 10,000shrs are worth $300 (-$24 brockerage cost in/out)
Decision do I chip or hold wait
Conclusion I will watch opening and put in sell order .05 above high of first 5 minuts.
Trying new style with this trade. Notsure if short term or chipping is best mode to follow. Will decide Monday!
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