Monday, April 16, 2007

Oh so behind, call it a Fri the 13th malaise...

Let's see, I need to post my losing trades, post my winning trades, provide some commentary, no watchlist because I forgot to download quotes, etc, etc, etc. Wow, what a week and I am so far behind. But today is Monday and I hope to catch up with everything.

First the sells (transacted Thursday): Sold 24.57002 shrs of IPG @ $12.10; Sold 8.05932 shrs of BRC @ $30.89; Sold 3.13578 shrs PSA @ $93.665 for nets of:

IPG: -$2.71 or -0.903%

BRC: -$1.06 or -0.424%

PSA: -$6.30 or -2.100%

Of all the trades, PSA hurts the post as it was +2.0% at one point and came all the way back--big no-no!!! I'll post some commentary and minor changes to my method in the near future.

New Trades: On Friday I initiated two new positions in WM and CECO. My notes are below, but they are incomplete--again Fri the 13th malaise...

WM:

CECO:

On Monday, I took partial profits in both trades as they were +2.0% on the day and a little higher in total--no more PSA-like crap in my portfolio, I'm here to lock in profits not watch them evaporate!!!

Sold 4.99834 shrs of CECO @ $31.00 and 3.79865 shrs of WM @ $40.34. Full P/L when the positions are closed.

For now,
Masterjaz out

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