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With the market rather anemic this afternoon and with a couple of point gain on my 'trading position', I decided to pull the plug on 300 of the 400 shares, selling them a few moments ago at $65.42. (These shares were purchased this morning at $63.52, so it almost mad a $2 gain.) I kept 100 shares for the account as I really do like this stock. But with this trade 'outside of my rules', and my margin balance still quite significant, it seemed wise to undo the bulk of the position.
FMC TECHNOLOGIES (FTI) IS RATED A BUY
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