Saturday, March 24, 2007

BEL

Belle Corporation. I bought this stock 6/23/2006 at 1.04. It went up until 1.64 or so in February 2007. I did not enjoy that rise because I already sold much earlier when it seemed to be heading southwards. Its divergence became negative on November 28, 2006, when I sold it at 1.16, for a 12% profit. On January 23, 2007, I made a risk investing on it when the base wasn't that formed. I bought it again at 1.16. I sold it at 1.44 on March 1, 2007, for 24% profit. Right now, it's moving down again from a peak. Not a good time to buy it.

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