Weekend Update...
I am going to write this latest blog entry at multiple times, posting each time I am finished. So the 'weekend update' will not be complete until Sunday, but updates will be available throughout the weekend. For now, the market is looking great. I was slightly pessimistic this morning, but I'll take the upside surprise. I took partial profits in PWR as Target 1 was reached ($15.75). I contemplated closing the position, but maybe this momentum will carry over on Monday.
Trade details: Sold 8.96923 shrs @ $15.91. I'll post total net profits after I close the position.
As for possible trades on Monday, I got 123 charts and like 5. Watch PNRA, ISRG, WON, SANM, and HET. A couple of these, notably WON, are stocks in huge downtrends, but a quick pop is always possible as some go bottom-fishing.
One topic I've glossed over so far; I do not have the ability nor the desire to post my trades in real-time. My goal is to record my methodology and how I pick trades rather than my absolute trades so that anybody reading does not get money-making trades in their lap, rather they can look at some charts and make money with their own ideas. Also, given I work ~50 hours a week during the most important market periods, I don't have time to be on my computer recording every trade in real-time. Just wanted to make sure we are all on the same page (and I hope you are making money too!!).
More to come,
Masterjaz out


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