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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

A Look at Cajun’s Day

RaginCajun Wed Aug 6, 2008 1:55pm EST 2 Comments

It’s a hot sunny afternoon in Louisiana, maybe it’s because a few of my positions are on fire!

Research In Motion Limited (USA) [[RIMM]]

Celgene Corporation [[CELG]]

Freeport-McMoRan Copper & Gold Inc.Freeport-McMoRan Copper & Gold Inc. Freeport-McMoRan Copper & Gold Inc. [[FCX]]

China Medical Technologies, Inc. (ADR) [[CMED]] – took profits today

Foster Wheeler Ltd. [[FWLT]] – took profits today

——

As for the other positions I took today: Medtronic, Inc. [[MDT]] & CryoLife, Inc. [[CRY]] , they are on a tight leash. These two were breakout plays, and I have yet to see a break. A little weakness and I will be out of both.

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2 comments

  1. bill
    bill
    August 6, 2008 at 2:08 pm

    thanks RC..

    took u r setups on rimm , 3 contract @ 4.41 , 1 out @ 5.0
    rest 2 are stop @ 8.20. Bought 120 call.

    where do u plan to exit..where is your stop. anybody using IB here

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  2. Jason
    Jason
    August 7, 2008 at 12:28 am

    Check GILD….. breaking out.

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