Saturday, January 27, 2007

Another sell...

Two duds in a row. First it was SMSC and now TYC. Luckily, both stocks ticked higher going into my sell window and I was able to reduce my loss--it won't always be like this and I will get burned sooner than later, but that is the way it goes.

Sold 6.45169 shares of TYC @ $30.859. (Not the best fill in the world, but I'll take it) for a net of:

TYC: -$0.91 or -0.46%

I am planning on analyzing all my trades from 2006 to see if I can find any criteria that separate winners from losers. Two losses in a row is not a big deal, but I still would like to minimize them (of course).

Oh yes, I also sold BSG on weakness. On Thursday it printed a doji at the top of a 5 day rise and I knew it was over. Sure enough. Sold 8.11030 shares at $12.739 for a net of:

BSG: +$4.69 or +2.35%

Only a few stocks to watch on Monday: PETS and WAG. PETS burned me in my long term portfolio after it tanked 15% on earnings. I sold the position, but am more than happy to make some cash on it as a trade.

For now,
Masterjaz out

0 Comments:

Post a Comment

<< Home