Stock Trading Pick: 08-26-03
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August 2003 Trades      
Day Trading It Stock Pick for August 26, 2003
Stock Trading

* Our TOY trade results in losses of up to - 25 cents per share in 3 days.

Date Stock Position Entry Current Stop Max P/L
08-26 Short 12.96

13.14

just above 13.15


TOY set up Tuesday when it traded below 13.02 @ 12.96. It traded as low as 12.94 not yet reaching our first target.


Date Stock Position Entry Current Stop Max P/L
08-26 Short 12.96

13.13

just above 13.15


Traders holding overnight into Wednesday were advised to keep your stops just above 13.15 to lock in gains and the stock traded in a range between 13.17 and 12.97.


Date Stock Position Entry Current Stop Max P/L
08-26 Short 12.96

13.40

closed up to - 25 cents per share


Traders holding overnight into Thursday were advised to keep your stops just above 13.15 to reduce risk and the stock hit our stop closing the trade for losses of up to - 25 cents per share.

Final Chart showing the three day trade:


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