Thursday, August 23, 2012

08/23/2012 change of trade - SWM for SAI

Yesterday's substantial gap at the open between CECO and FCX cancelled the trade.

The trade is now set to sell SAI and to buy SWM.

As always, a negative gap would cancel this trade as well.  The model holds each stock from 1 to 2 quarters on average.  No need to chase anything.  Let it come to us.

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