Thursday, September 29, 2011

C Short

Took a quick short in C. Market was weak and after an initial breakout, it started to fade.  C was struggling with the $27 level, which it breached, broke through, and failed to regain with any strength or volume.  Entered @ $27.01 in anticipation of the breakdown, with a $26 target (if it could break the days low).  It started to break down, but bounced.  I covered at $26.79 to lock in some gains and get some sleep (just finished nightshift).  

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