Tuesday, April 24, 2007

April 24, 2007, Tuesday

TXI, IBM reported ER, stocks up. Semiconductor and technology sector picks up with the leadership.
As I was trying to build my intermediate holding position gradually, I added 100 share of OVTI today at $13.93 after seeing the big green bar of buying activity. Turned out to be a bad entry point as the price went down from there and closed in red at $13.56. Once again, I feel it is better to load at the last half hour of the trading hour if I plan to hold this for some time.
Now I have 400 shares of OVTI with an average cost of $13.50. Hmm.

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