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It was another “interesting” day in the market. I had four stop-loss orders trigger today with the following results. I sold CMC with a 0.5% profit, ET with a 3.1% loss, FLSH with a 3% loss, and OPWV with a 4.3% loss.
Two buy orders kicked in. I bought RIO at $61.00 and IONA at $7.70. Tonight RIO sits at 3% down and IONA is currently up 7.3%. I’ll be putting some tight stops on them tonight.
Posted by Ted at March 3, 2004 9:41 PM