Trade Update: JRCC - The Market Speculator

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Trade Update: JRCC
Jul 31, 2008 05:26 PM UTC

The Market Speculator

Return	Risk
-8.97%	HIGH

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Symbol	Sentiment	Start	Return	Closed
JRCC		07/31/08	+58.78%	--

Via The Market Speculator:

I took a small short position today in JRCC. The stock has been in a strong topping downtrend and has pulled back up to the 50 day MA. Stochastics are near overbought levels and volume has been average on the pullback. This is a low risk entry with stop placed just above the 50 day MA.

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