Friday, March 16, 2007

LEND

Today's premarket is already moving with heavy volume. Most active on the Nasdaq is LEND.

9:00-9:30 LEND Jumped to 12.1 at the premarket.
9:30-10:00 Posted a buy order because of a breach of zone @ 12.78. Got whipsawed and my stop at 12.70 was served on a silver plate.

Lesson: A trade is wrong until it proves itself. Get out while you still can. Lucky if the trade goes your way.

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