Riding The Gravy Train: GTT Stop Raised

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Thursday, October 11, 2018

GTT Stop Raised

GTT is already up 49% from our entry yesterday.

We're raising the stop to $0.95

Given the strength it's showing, if it trades back below $1.00 we'll be happy to trade out of it to avoid a big winner turning into a loser for us.

The DJIA has now rallied 300 points from the day's low, which was 25226.

Yesterday we cautioned to watch for a bounce starting around 25220.

This should prove to be only a bounce, a chance for selling and shorting not for "buying the dip"

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We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or publicly traded companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

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Riding The Gravy Train

Thursday, October 11, 2018

GTT Stop Raised

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