Friday, December 26, 2008

GNK (Water Transport) and PCR (Construction Service)

After the pull back for last week, Steel, Water Transport and Construction Service starting to bounce. NUE was highlighted 2 days ago and today:

GNK: Water Transportation, among the best relative performer,

Stop: 11.84; Target: 19.35, excellent Reward to Risk ratio on stock.
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By chinltong at 2008-12-26

PCR: Construction Service, I traded JEC last time, but PCR performed better, so I switched.

Stop: 21.84; Target: 26.8
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By chinltong at 2008-12-26

As planned, I closed 1/2 of my GMCR position and moved stop relative to the low of today to $37.34
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By chinltong at 2008-12-26


shorts:
longs: PCR, GNK

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