Yes, that would be our future car filling up with compressed natural gas which is available in abundance right here in the US.
I bought a starter position in WPRT with stop at yesterday low. If it proves to find bottom here and take off to the upside, I’ll buy more.
Today news may be the catalyst needed to halt the slide.
Good Hunting!
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I like natty too. I’m watching ECA to see if it will produce buy signal on Monthly Pivot Point. cheers
I like the way WPRT hold against this down day; I added a bit more.
Good Hunting!
Added more again. Doubled my starting position.
Good Hunting!
Don’t trust the morning rally; sold my entire WPRT position to lock in profit since I’ve been given the gift of a nice morning gap up. Will look for re-entry point.
Ooop! I walked away from my desk a bit and now it was 1 point higher than I sold… Normally, I wouldn’t chase but since it took out 5/16 high, I bought back half my position I sold this morning.
Like someone said earlier here, this would be a runner everyone dream of!
Added more to bring back to full position from yesterday since it took out 5/14 high. Will add if it continues to make new high.
Yes, I gave up 1 point extra-profit by being conservative this morning but that would be counter-productive to dwell on it.
Move stop to $25.33. This is midpoint of today high and low.
Reason for taking profit this morning was because SKF made a new high 20 minutes into the open and I got spooked!
Move stop to #25.47 which was a bit below yesterday mid-point. Will move stop up to today low if morning momentum stay put.
Move stop to $26.77 which was a bit below yesterday high. With such strong momentum up this morning, it would be a bad sign if it drops over a point from here.
Looking for minor retracement to add more.
Move stop to $27.26 which is a bit below today low. Momentum may be waning after the morning burst.
Out & locked in profit.
Trading Journal update: Bought back full position on WPRT.
Trading Journal Update: sold my entire position to lock in profit.
Bought back half of WPRT what I sold this morning due to support at yesterday mid-point area. Protective stop at a bit below intra-day low.
Stopped out for a small loss on this mid-morning intra-day play and is now flat for the day.
Good thing I took profit this morning on position I took yesterday. Sometimes you have to take what is giving in front of you. Being too greedy can usually end with nothing.
Bought start position on WPRT.
Today news, I believe, signify the trend of using LNG or CNG to drive our future trucking and heavy equipment machines.
News:Caterpillar, Westport Team For Natural Gas Engines
http://news.investors.com/article/613682/201206051032/caterpillar-plans-natural-gas-engines-for-trucks.htm?ven=yahoocp,yahoo