tag:blogger.com,1999:blog-19713238.post8271864372550177659..comments2023-11-05T06:41:02.893-05:00Comments on Wall St. Warrior: Groundhog Day - (NYSE:CAL) and (NASDAQ:GROW)TJhttp://www.blogger.com/profile/13294634341130531371noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-19713238.post-57469607992323579402006-11-15T21:53:00.000-05:002006-11-15T21:53:00.000-05:00Good question WHY,
I wasn't too concerned about t...Good question WHY,<br /><br />I wasn't too concerned about the OR high, but I knew that CAL would consolidate on a retest the early morning highs. Notice how the tops of the second, third, and fourth sticks form a resistance line. However, I figured I could make 50 cents from my entry to the retest. When I saw how narrow the consolidation was at the retest area, I decided to stay in the trade and go for double or nothing. Another factor I considered was volume, which was outpacing Monday's big move. I allow myself a more aggressive entry when volume is extremely strong.TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-10482427768957242982006-11-15T21:39:00.000-05:002006-11-15T21:39:00.000-05:00Hey Esto,
You're right, GROW has a wide spread. T...Hey Esto,<br /><br />You're right, GROW has a wide spread. That's the only thing I don't like about it and that's also why I like to take my exit at the first sign of trouble, because the slippage from that spread can really eat away the profit.TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-48015481777029051842006-11-15T21:20:00.000-05:002006-11-15T21:20:00.000-05:00Hi Jamie,
Nice trade on CAL & GROW! You've been ro...Hi Jamie,<br />Nice trade on CAL & GROW! You've been rolling the $$$ on CAL lately :)<br /><br />I have a question on CAL though. Noticed you entered the trade before it cleared the OR high, which I understand it to be a slightly higher risk trade. Any reason why you did so? Thanks<br /><br />The WHY-TraderAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19713238.post-43754870396427463982006-11-15T21:19:00.000-05:002006-11-15T21:19:00.000-05:00Great trading Jamie. I considered GROW at the sam...Great trading Jamie. I considered GROW at the same entry point but the spread at the time was $0.30 or so, which scared me off. Maybe it was just a data error.estohttps://www.blogger.com/profile/15221748411672103078noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-72766639685479809922006-11-15T21:09:00.000-05:002006-11-15T21:09:00.000-05:00Hey Glenn,
I could tell that GROW was going to be ...Hey Glenn,<br />I could tell that GROW was going to be big today just by the incoming traffic referrals on this blog from last night's post. Lots of people googling "GROW" means another big move.TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.com