Day Trading E*Trade

Man, I love it when stuff gets way oversold. I bought E*Trade (ETFC) at 3.66 a share after the mini-crash that followed the Citi analyst writeup. Sold it the next day at 4.65. I'd have stayed in longer (probably until 5.50 or so) but I got jittery, pulled my stop in too tight, and got dumped. Still 27% in one day ain't nothing to complain about.

While I was at it, I added to my position in Citigroup (C), taking advantage of similar conditions there to adjust my cost basis down. I added shares at exactly 32.00. Not quite the bottom, but damn well near close enough. Oh, and I got out of BAC in favor of C.

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