March 15, 2006

CIENA Corp. (CIEN)

I noticed CIEN because it is a top alpha stock that made a new 52-week high. It started to move pretty quickly from the open. I knew I would regret it if I didn't get in, so I could only get a small position based on the risk. Luckily, even a small position can go a long way with a stock like this:

Cybertrader also alerted me to AMR because of its block trade so close to a new 52-week high, which it eventually broke through:

And check out this trade on CELG! I learned a lesson here - don't be so agressive with adjusting your stops up! Man, I hate getting stopped out at the very low:

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