Trade Flashback: Hudson City

One of the goals that I set for 2008 was to make more short-term trades that have modest upside objectives (7% to 12% gains) when I find those opportunities versus only trading stocks which have (+20% or more potential). In prior years, I confined my trading only to what I often called low-risk/high reward trades which caused me to forgo quite a few smaller and short-term opportunities that can be equally profitable especially if you do enough of them. Fortunately I have a lot more time to do these types of small trades this year. Here's a trade flashback on one such recent trade last month....[READ]