Comments on: Citi To Close Some Branches http://blog.rebeltraders.net/2008/03/05/citi-to-close-some-branches/ Providing Stock Market Analysis and Economic Commentary without the Hype Sun, 05 Sep 2010 15:49:51 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Dave http://blog.rebeltraders.net/2008/03/05/citi-to-close-some-branches/comment-page-1/#comment-1818 Dave Thu, 06 Mar 2008 06:15:16 +0000 http://blog.rebeltraders.net/2008/03/05/citi-to-close-some-branches/#comment-1818 Hey Lisa - Yep...I always have my finger on the trigger. :) I wouldn't chase COIN if I didn't own it, and I am not adding, but I have the luxury of being much in the money here, so no worries. I am also a strong holder in UNG (you know I have been buying and adding for weeks), I can afford to handle a pull-back. My basis in the stock is pretty low. Even if I get stopped out my profits will be nice. PAL was a bit of a flyer for me because I am bored and sitting on a larger than normal cash position. I have a really tight stop. Thanks for your thoughts.... Hey Lisa –

Yep…I always have my finger on the trigger. :)

I wouldn’t chase COIN if I didn’t own it, and I am not adding, but I have the luxury of being much in the money here, so no worries. I am also a strong holder in UNG (you know I have been buying and adding for weeks), I can afford to handle a pull-back. My basis in the stock is pretty low. Even if I get stopped out my profits will be nice.
PAL was a bit of a flyer for me because I am bored and sitting on a larger than normal cash position. I have a really tight stop.

Thanks for your thoughts….

]]> By: Lisa http://blog.rebeltraders.net/2008/03/05/citi-to-close-some-branches/comment-page-1/#comment-1810 Lisa Wed, 05 Mar 2008 23:53:56 +0000 http://blog.rebeltraders.net/2008/03/05/citi-to-close-some-branches/#comment-1810 You're a good high risk player, Dave. DTed UNG, I don't trust it. COIN I wouldn't touch, I'd probably be on the other side of your trade and I think you are faster than I am :) You’re a good high risk player, Dave. DTed UNG, I don’t trust it. COIN I wouldn’t touch, I’d probably be on the other side of your trade and I think you are faster than I am :)

]]> By: Dave http://blog.rebeltraders.net/2008/03/05/citi-to-close-some-branches/comment-page-1/#comment-1809 Dave Wed, 05 Mar 2008 21:04:42 +0000 http://blog.rebeltraders.net/2008/03/05/citi-to-close-some-branches/#comment-1809 Always sad to hear that people may lose their jobs. I wish them the best. Like I mentioned last week, COIN is desperately trying to go hyperbolic. Since I got in this position at $12, I will move my stop up to $14.50. The volume on this break-out is impressive. Keep your stops tight on this one. Also...UNG is going crazy here. Moving my stop up to $45.90. It shot right through the resistance shown on Chuck's earlier chart. I may take some off the table soon. I also added one new stock to my holdings - PAL -- I put in a very tight stop at $7.90 I added a little to my QID position on the pullback. Always sad to hear that people may lose their jobs. I wish them the best.

Like I mentioned last week, COIN is desperately trying to go hyperbolic. Since I got in this position at $12, I will move my stop up to $14.50. The volume on this break-out is impressive. Keep your stops tight on this one.

Also…UNG is going crazy here. Moving my stop up to $45.90. It shot right through the resistance shown on Chuck’s earlier chart. I may take some off the table soon.

I also added one new stock to my holdings – PAL — I put in a very tight stop at $7.90

I added a little to my QID position on the pullback.

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