Buying and Selling on markets is a personal decision.
Stops and satisfaction levels are recommended, arguably.
CNJ has enjoyed volatility.
If an investor has set the appropriate guides then trading such volatility in the last 12 months at least will have required discipline. For those who invested early and traded as the sp ran it was indeed profitable. For those who bought in near the upper limits of the run then an appropriate stop-loss would have softened any losses. There would have been opportunities both on the way up and on the way down to trade the volatility as well.
Such is the nature of riding such markets (especially those of a speculative nature like CNJ).
Just my take, but nothing stands still in these markets. esp.
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Ron Miller, Non-Executive Director
Ron Miller
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