SubscribeJutia Portfolio Update: PXLW & SAIA
October 26th, 2006 • Related • Filed Under
In my weekly review, I found that two of the open picks in the Jutia Portfolio will need to be closed out due to our selling indicators. We are liquidating all shares of the following:
One lesson both you can take away here is that it is extremely important to place your stop losses at percentages you can afford.
In this case our selling indicators were not able to cut off the losses in time of extreme bearish reversals. So, by protecting your capital and placing stop losses with every trade you are effectively letting your winners ride and cutting your losses short.
Closed Out:
>>>Pixelworks Inc (PXLW) 5% loss @ $2.82
>>>Saia Inc (SAIA) 5% loss @ $31.37
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