[Placing Stop on PGJ]
Dear Member:
The PowerShares Golden Dragon,etc.China ETF (PGJ) has gapped up on the open this morning. I am placing a stop to sell, good 'til cancelled, at $23.20 which is at the bottom of the gap so I should have a good profit locked in (absent any wierd gaps) and am still leaving the stock some breathing room.
DISCLOSURE: At the time of publication, I own shares of PGJ.
Sincerely,
Bill Kraft
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