My Trades on 26 December 2007

26 December was another slow market day and it was a good day to short the Retail stocks. Belows were some of my trades on that day.

Name of the Company: Circuit City Stores Inc.
Symbol: (NYSE: CC)
Sector: Services
Industry: Retail (Technology)
Position: Short
Status: Success!
Reason: Retail index was in negative and CC was weak



Name of the Company: Family Dollar Stores
Symbol: (NYSE: FDO)
Sector: Services
Industry: Retail (Specialty)
Position: Short
Status: Success!
Reason: Most retail were down, FDO was in good downward trend but I took profit too quick


Name of the Company: Payless Shoesource
Symbol: (NYSE: PSS)
Sector: Services
Industry: Retail (Apparel)
Position: Short
Status: Success!
Reason: I shorted PSS and put a STOP at $17.53 but it never triggered. I took profit before it bounded back

*Please be informed that all the charts above are extracted from http://finance.yahoo.com/charts