Selling, watchlists, where to start?...
I am so far behind, I don't know where to start. I've sold all of my position since my last post. I am just giving money away, but I am sticking by my system as I know it works and my results will turn around. The market is just volitile and not cooperating at the moment, but I want to have a good position established if things take off. Like today, possibly, given the FOMC results. Since my last post I sold ALEX and NPO due to their violation of my 1% stop loss. I've gone back to my old method of defining stop losses and targets, but NPO still fell below my defined, chart-based stop loss, so it was a sell either way...Sold 6.18579 shares of ALEX at $48.267 and 8.15229 shares of NPO at $36.742 for nets of:
ALEX: -$1.43 or -0.477%
NPO: -$0.47 or -0.157% (got lucky as this came around before the sell window)
Lots of nice charts today, so I was able to pick the best of the best: NSM s, FOSL s, SVNT s, HNI s, IRF s, and GPS s. As always, I'll post any trades I make (eventually). Cross our fingers that the FOMC does us good...
For now,
Masterjaz out


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