1 Trade Friday and Weekend Non-Reading

A decent-sized 16-cent winner on Triad Guaranty Inc. (Nasdaq: TGIC). I thought it would be a scalp at first, but I actually let it retrace a bit, because I thought the initial drop was too weak and another would follow. So, I’m not sure what to call this type of trade. ultra-discretionary?

I was extra careful all week, because I was scared of the pre-holiday markets. Luckily, I think there were enough random news events that we got pockets of movement all week. Great! Hopefully volume will flow back in by next Wednesday or Thursday, and there’ll be more tradeable action out there.

I will be unavailable starting about an hour from now until Monday night. Gonna do a little mini-vacation. I’ll see you all Tuesday (and I’ll try to update the weekly stock scan Monday evening).

Since I’m in a hurry, here is your weekend non-reading… an adorable-sounding Irish woman takes an EOT-style trade:

And another one from Harvey Walsh… I wish he talked a bit more about his rationale for entry, especially on the aapl trade. Oh well.

Stocks Mentioned In This Article
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TGIC | |

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