I sold my 3249 shares at $31.00 on July 3 during my fifth week of
simulation. Following the July 4 holiday, the stock price remained between
$31.00 and $31.25 for little more than a day. All activity early on July 6 was in a
downward trend and in fact the stock price plummeted almost $1.00 below its
previous level. After seeing such a drop, I altered my trading channel again, this
time, to $30.20 and $30.50. On July 6, I purchased 3438 shares at $30.23. For
the remainder of the week, the price fluctuated in between my trading channel
values and dropped below my lower limit for a short time. By the end of the
trading week, the stock had not gotten close enough to my upper limit to warrant
a sale, so I held on to my shares into the next week. Kraft Foods’ price chart for
July 3 through July 7 is on the following page: