| This Trade Was Closed July 3, 2012 |
Sorry, I thought I had closed this trade several days ago.
Original Trade Post:
DORM had a volume increase today and the close 50. I am entering with a stop-limit order at slightly below today’s low and my target is at a quadrant line, which gives me a potential profit of almost 5%. Stop is just below today’s high at $24. This short is accompanying my long of MEOH. Currently I have 2 long positions open right now. I had been trying to stay in two positions, one long and one short, but started to use 4 positions, with either 3 long 1 short, 2 and 2 or 1 short and 3 longs, depending on what choices were that night and market conditions. Low volume may be problematic.
Trade Details:
- The Ticker: DORM
- The Trade: Sell Short at $23.05
- Target Price: $21.95
- Trade Opened: June 27, 2012
- Trade Closed: July 3, 2012
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