Downtown Traders CNBC contest picks

Tuesday, May 16, 2006

Sold SAFC

I sold SAFC today due to the multiple dojis at resistance. I normally would set a stop under the dojis and wait for a possible move higher, but I prefer not to take any chances due to having to sell and end of day. I added a little to CMED to replace some of the shares I took profits in last breakout. I just left the rest as cash since I wasn't seeing anything worthwhile.

DT

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