Friday, April 17, 2009

Snooze done

Didn't plan on it, but I crashed out around 30 minutes into the session. Same old, on the couch, in front of the TV. But I was in good shape actually. I knew that C would dip to an intra-day low at the 60-75 minute area. And it did, all the way to 3.55. Ouch.

I was asleep and got up about two hours in. Look at the chart and it was on a run back up and I grabbed shares at 3.92. Big battle between sellers and buyers there for awhile, but now it's at 3.99 and cutting into positive side of its MACD. I still wouldn't be surprised if C returned to the 4.50 level at least once today. Who knows? Might just take the nickel gain here.

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