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Old 08-06-2007, 12:21 AM
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RWT, looks like it bottomed out Aug1st

Stock has tanked since early July, Stock looks like it bottomed on August 1st.
Highest volume day and closed at highs and has moved up some since. May wait till see a base forms 1st or if anyone gets in and wants a tight stoploss, your stoploss would be 32.14, which was Aug 2nds low. It has traded in Thursday's range on Friday. The trading range is high of 37.23 and low 32.14. It came close on Friday of hitting that low but its low was 32.26. Could be a nice short term opporunity for a few points on a nice day in the market.


http://finance.yahoo.com/charts#char...urce=undefined
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Old 08-06-2007, 02:15 PM
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got caught up in my daytrades of POT, RIO, and selling GMCR, I missed the huge run on RWT, ran up almost 5 points in the last hour here from 2-3:15
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Old 08-06-2007, 03:59 PM
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Completely overlooked it. Nice call though!
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