i try 35% rule. Buy a high rated stock when it falls 35% below its high. For HITT that would be $33.31 or below. You'd be up a few bucks already. This stock never closed below $32 something. and also cut it @ 8% below purchase when it closes below that. So if this stock had closed below $30.65 I would have sold it. But it didn't happen and it's not a sell yet either. Watch the price and volume action. It's not going down yet. Hold on. I'm bullish on this one. It didn't disappoint on earnings either. Just guidance.
Then you must be in cash most of the time ;) Don't think there are too many good stocks now that aren't breaking out this time of year. expecting some upgrades coming next year then on our way to $76 in '08 after the 2:1 split... :)
Today we are seeing a tight trading range in a rather decent volume. If we stay in the upper range of the price for the day, we will definitely see higher prices soon! This is basing right now for a strong move.