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More On Graham

June 9th, 2008 · No Comments

You may recall on Friday, I was eager to wager that Graham would recoup its losses from Friday’s equity beatdown. Good thing nobody took me up on my proposition. Graham Corp didn’t recover the $2 is lost Friday. In fact, it dropped another dollar and change.

Next time, I’m going to consult TRIGR before I bet on a stock’s one-day performance. Because Graham had fallen out of TRIGR’s Top 5 Monday morning. And I’ve been following this trading system long enough to know it’s not wise to trade against it.

Why did Graham fall out of the Top 5? I don’t know. TRIGR’s moves in mysterious ways. But I’m going to get Benson to at least try to explain it to me.

Of course I’ll pass on whatever pearls he casts my way. Until then, let me just say I wish I had gone with TRIGR’s top pick for Monday, James River Coal (Nasdaq:JRCC). TRIGR first pounced on JRCC on May 8. The stock opened that day at $31.59. Today, it sells for was trading for $47.50. That’s $16 in upside, or a 50% gain, in a month. Not bad work.

Even on Monday, you could have nailed 10% on a day trade. JRCC opened at $40.34 and closed the day at $44.29. Again, not bad work, if you can get it. And you actually CAN get it. Right here with TRIGR TradeMaster.

Ian


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