Monday, May 14, 2012

Monday thoughts


316
Some positinos in the port are underwater, but these stocks are very volatile and can rise as fast as they have declined. From a tech perspective, I see no reason to exit them now.,

This has happened before, many times. For example, VHC was underwater 7% and then shot up to a 30% profit.


316
for swings, Market Maker reports to me suggest that they are buying more than they are selling, and that a rise higher in SPX TNA etc is expected in the coming day(s)

1151
long NUGT,more shares

1135
still see higher WFC but i have other long positinos, so took the quick profit, will look to buy back later

1135
took profits on WFC, will look to reenter again loater

1059
long more WFC


1054
still see higher STX but i have other long positinos, so took the quick profit on STX, will look to buy back later

1054
took profit on stx, will look to reenter later

1029
long stx 30.91
1004
Selling the AAPL on Friday, and replacing with STX, has worked well thus far. STX up 0.22% today, vs AAPL down 0.46%

Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

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