Monday, September 14, 2009

Trade 79 - FGL

The market offered me some good short term returns on FGL, so I took them.

Profit = $144 (650*(5.57 - 5.33))
Return = 4.5%
Holding Period = 10 days

The stock was nearing short term resistance and decided to take some profits due to the market weakness that may arise in the next few days.