In and out of K today. The support zone (50-50.3) held well. If there wasn't so many headwinds, I would've held. I've got a decent idea as to how this stock moves now but I don't know it will enough if we get a bad GDP report (possibly) tomorrow or a bad unemployment number April Tuesday (likely).
I'll continue to follow K as I think it's a good safe stock for an IRA. I'll buy some Raisen Bran with my profits to support the K longs here. LOL!
Status Filled at $50.277 Symbol K Description KELLOGG COMPANY Action Buy Order Type Market Order Date 04/26/2012, 11:20:14 AM ET Order Number D26NPLHQ
Status Filled at $50.40 Symbol K Description KELLOGG COMPANY Action Sell Order Type Limit at $50.40 Order Date 04/26/2012, 02:15:23 PM ET Order Number D26PBJTX
xtg, I dont know K trade patterns really well, but everytime one of these big, WELL POSITIONED comsumer giants take an 8-10% hit, I buy heavy. Then sell after 4-6% profit. Never once missed bagging a profit and I have traded PEP, KO, GIS, KFT, IBM, PM, KMB, etc in similar fashion. Will be looking to sell above $52.