Monday, January 15, 2007

AFG Partial Profits and Watch List...

Sold half the AFG position after it neared my first target. I was a little overcome with fear and took some profits a little early, but this market has me trigger happy. I am not going to let positions go against me right now. On top of that, the trade took forever to close and I ended up only making pennies on the transaction. Nonetheless, the remainder of the position is looking good.

Sold 4.29493 shares @ $35.027.

As always, I'll post the total trade data after I close the position.

Watch list for Tuesday: WM, PGR, HIG, TTI, and PYX

Currently I am not trading a lot for a variety of reasons. Mainly, I am in the process of buying a house and it is taking up much of my time. Also, my trading funds are dwindling as my long term portfolio is doing very well and I am adding funds to winning trades (a scaling stragegy). So, I may not trade these stocks, but I wanted to provide a watch list anyways.

Foreign markets are very, very healthy this morning (Monday) and I hope the enthusiasm carries over to the US markets tomorrow.

For now,
Masterjaz out

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