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Out of C
Posted at 9:30 PM
Thursday, Apr. 16, 2009, 9:01 a.m.
Closed the swing trade for a 30-cent gain.
Tempting to stay in (already have a long-term position), but I wanted to lock in profits. Bought a big position at 3.80 yesterday, sold at 4.10. Had to hold out quite awhile for those last 5 cents. Big difference.
I actually missed two opportunities for gains and swing trades earlier (between 4.02 and 4.09) but that's history.
Might re-enter C at 4.05. Earnings out in the morning. Big risk, big reward maybe. Or buy a little more BAC, which reports on Monday.
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