Tuesday, November 23, 2010

Bombs away! If it’s not Ireland, it’s Korea.

Well it’s a small world and if there is going to be a war, then our markets are going to tank. So far this week we have had to digest the financial crisis in Ireland and today we have the threat of war in Korea. Thanks to all this news we now have our first warning flag to bailout of the market on every index. Personally I think I will wait until next Monday in order for the news to settle and Holiday part one, to be over. So for now I will ride the wave with my retirement account and my personal stocks.

Today I was shopping anything in my radar box that was bucking the trend for the day. So I purchased 4 new positions and one of them was a wild ride to watch. TTM, dipped to $32.40 in the first ten minutes of the open and then by 11:10am it hit the high of $36.36. I thought I had missed this entry because my opening offer was only $33.40 and I missed the morning push. I went out for lunch and little shopping with the wife and when I got home, TTM was tanking and tanking fast. TTM hit a new low of $31.58 and closed at $32.50.  My order filled at #33.40, so I’m a bit in the hole. Today’s new buy are CTSH, DECK, SVM, and TTM.

$0.00 realized profit today. November realized gain = $2296.05 AVG = $135.06 a day. Personal goal = $50 a day.  17 of 21 trading days for October complete.

Unrealized and still holding: $49.00

Year to date: $467.55

Stock

Entry

Price

Stop

Profit

% Gain

BRCM

$43.91

$43.92

$40.99

$.50

0

CTSH

$64.98

$65.35

$61.26

$13

.57

DECK

$69.00

$69.07

$61.17

$2

.1

LULU

$51.50

$53.43

$47.49

$96

3.7

LVS

$50.55

$49.06

$44.08

$101

2.9

SBUX

$28.53

$30.40

$29.53

$112

6

SVM

$12.35

$12.32

$11.10

$6

.24

TTM

$33.40

$32.50

$29.73

$67

2.7

No comments:

Post a Comment