Closed the portfolio (for a while)...

All good things must come to an end, at least for a while. Work is too busy right now for me to focus on successful trading, so in the AM Friday trade window, I liquidated my entire trading portfolio. The timing seemed fine as the markets just rallied nicely. And all the positions were profitable, so locking in the profits was also satsifactory.

I have a major international conference upcoming, so I need next week to prepare and the following week for travel and the meeting. I'm also taking the opportunity to take a much needed vacation. So I'll be out the markets until Sept. 11th or so. I may also need a couple more days to get charts setup and the historical prices necessary to receive alerts. In the meantime, I hope the market rallies as my Roth portfolio could use a lift.

Here are the trade details--Sold HET, 1.24627 shrs @ $63.49, sold WNC, 4.67289 shrs @ $13.28, and sold OCAS, 10.71006 shrs @ $25.33.

HET: +$5.63 or +3.75% net

WNC: +$4.10 or +3.42% net

OCAS: +3.12 or +1.16% net

In short, I'm happy to take the profits. WNC recovered nicely at the close and I wish I was still in it, but the percent gain is fine. I'll also assume my August is over and the results are:

August: +16.89 or +7.62% net in 7 trades

A good month, considering it's stereotype and I look forward to trading this fall, which is usually a good time for the markets.

For now (and a while),
Masterjaz out