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You are here: Home / Hit List / Hit List 5-9-2010

Hit List 5-9-2010

May 9, 2010 By Jeff White Filed Under: Hit List

The Hit List is a look at our current swing trading positions. Stocks we are already in have “triggered”, while those we are considering for plays have not triggered. Click post title to view print-friendly link.

MTW closed

Open Position Notes:

No open positions.

Closed Positions:

MTW triggered a short sale last Wednesday, causing me to chase it just slightly after it gapped through my intended entry level.  From there, the stock worked quite well, falling apart on Thursday to move through Target 1 & Target 1, allowing me to book quick gains for a 7% profit in just 2 days.  I’m out of the trade and will stand aside while waiting for a new pattern to emerge.  Quick winners are my favorite kind, and this one delivered – hope you were able to participate!

Tagged With: Hit List

About Jeff White

Jeff White started trading in 1998 and resides in the Dallas/Ft. Worth area with his wife and two sons. Twitter / Google+ / Facebook / StockTwits

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