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Tuesday, May 12, 2009

DECK violated its stop loss

We should have sold DECK today, since it violated it stop loss at $54.23.
We bought it at $50.81, so we gained only a 6.7% with it.
What's next? Who knows... maybe DECK will skyrocket now or maybe it will move sideways for a while.
We will watch it and may buy it again, since its fundamentals are still good.

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