[Closing Qwest (Q) Trade]
Dear Member:
After a good run up Friday and yesterday, Qwest (Q) has stalled in the area of a resistance this morning. The markets in general are showing some weakness this morning so I am going to take profit in Qwest (Q). I am placing an order to sell my position at a limit of $8.05 or better for the day. If filled, that will be a 37 cent gain and a 4.8% return in 12 days before commission.
DISCLOSURE: At the time of publication, I own shares of Q.
Sincerely,
Bill Kraft
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