Tuesday, December 06, 2005

ING update

my open trade of ING is currently at $1.17 ...getting close to the trailing stop at $1.16.

I could have had a more generous stop, but the NZ market is not doing great, and sometimes its better to take money off the table early.

i chose $1.16 as its just below support, and with the $0.025 divie, it still means the trade ends up with a very tiny profit.

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