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[Previous entry: "ACS A tale of two trades"] [Main Index] [Next entry: "WOR Closing for 4 cent loss"]

03/15/2004 Archived Entry: "CACS 6% gain on first half--b/e on 2nd half"

click here for CACS chart
3/12 We entered short CACS 3/5 @ $10.68. On 3/11 CACS bounced after almost hitting the first profit point of $9.25. As a result we closed half our position on cross of 3x3 on 60 minute chart @ $10.03 for a 65 cent gain, 6%. We had an order in for the remaining half at break-even and were stopped out on 3/12 (look to ACS post for Chart Review)

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