The longs a 529 were stopped out. My resting order to buy CZ at 511 was filled last night, CZ traded to a low at 509. The sell stop at 506 1/2 was never in play. We bounced 15 cents to settle at 524. I like being long here. I took 12 cents profit on 1/3 of the position, and will manage it today. I have sell stops below which guarentee profits on the remaining 2/3rd. Over all, I am pleased with the way my targets have been getting hit recently. The key is now, to manage the profit in a disciplined manner.
I am more concerned about how we settle on Friday.
For now, I am sitting long.
Good Trading
