Two new trades to report this morning – I bought Liz Claiborne (LIZ) at $5.56 on a bull flag breakout after forming a double bottom of late. But I must say I had a hard time owning up to buying such a “mamby-pamby” stock, and may have to turn in my “Man-Card” after the the trade is over.
LONG: Liz Claiborne (LIZ)
My second trade is much better suited for my male-ego – Inland Real Estate Corp (IRC), which is breaking out nicely from consolidation and could see a move to $10.
LONG: Inland Real Estate (IRC)