My high flyer SOL that I chased 24 hours ago, came crashing down for the single largest pullback of the year. I sure picked that one and it will cost me. You win some and you lose some, but this one stung a lot because how I came to find it, how I went about buying it, and how it did a total drop kick for the year, the day after I bought it. Here is the news that drove it into the quicksand. I will still keep this in my radar box, because after today’s 10.78% pull back in one day, it brought it down close to the trend line. Getting stopped out today cost me $458.
Ok, that was my whine, now the rest. Even though I got pounded with SOL, my entire portfolio did well holding it’s ground. The S&P, and Nasdaq squeaked out a gain, while the DOW slip a bit. The only thing that I track that looked negative to me today was the advance and decline totals, which the decliners won the day.
$458 realized profit today. October realized gain = ($674.76) AVG = ($61.34) a day. Personal goal = $50 a day. 11 of 21 trading days for October complete.
Unrealized and still holding: $769
IVN - ($132)
JASO - ($76)
LVS - $96
NG – $42
PRX – $244
SCCO - $351
SOL – STOPPED OUT
SVM - $144
UPRO – $99
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