daytrade diaries... wednesday, page-55

Thanks Frank. Had a quick look at PLA. Come of it's low of 37 in Oct and making some good ground today on relatively decent volume. I can't see anything sticking out that says it won't hold above 59. Not my scene and been a while since I traded it. For day trading 'no', but for longer term best to check with the ASX code. Must be more fundamental knowledge tied to a purchase with this stock IMO.

Meanwhile: ADY - looks ripe from this mornings low... I traded this badly, getting in at 2.8 - selling half for 2.7 and will sell other half for 2.8 - but the correct day trade would have been to clear the position at 2.7 yesteray and buy back at 2.5, as per a VPG trade today.

FMG: Got in at 2.77 - higher than most - but I love speculation and would rather be part of it than watch it.I too am keen to see $3 crack and it has to happen soon enough!

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