Wednesday, December 8, 2010

Ugh……

Just as I suspected, I got stopped out of SVM this morning within the first few minutes of the morning. SVM grossed me a $11.97 profit. I guess I should not whine, but can I have a runner please? Runner meaning a stock that I can stay in few more than just a few days and like 6 months would be so much more fun. But rules are rules and if a stop loss is executed, then that is that.

Ok, I’m starting to get a little nervous because since the last Friday’s close, my unrealized profit has shrunk from $1723 to the current level $1059.  So it looks like unless some miracle happens in the morning, DECK will be sold for a $500 profit because I moved the stop loss up to within .24 cents of todays closing price. Tomorrow morning, LULU reports earnings before the opening bell and I expect it to be good, but in the stock market world, it can be great and the price falls and it can be bad and price rises. You just never know what is going to happen. It would also not shock me to see LVS and TQNT sold for losses. This has not been the greatest of weeks, but I will be ok.

Till tomorrow.

$11.97 realized profit today. AVG = $46.04 a day. Personal goal = $50 a day.  6 of 23 trading days for December complete.

YTD $1094.80
December $276.26
November $1885.49
October $1174.75

Stock

Entry

Price

Stop

Profit

% Gain

ATML

$10.71

$11.66

$10.80

$221

9

BRCM

$43.91

$46.24

$44.05

$128

5

CTSH

$64.98

$69.91

$66.74

$172

7

DECK

$73.18

$79.40

$79.16

$540

8

LULU

$51.50

$55.70

$51.89

$210

8

LVS

$50.55

$46.04

$44.08

$225

9

SBUX

$28.53

$32.58

$31.20

$243

14

TQNT

$13.08

$12.18

$11.71

$230

7

TOTAL ------------ ----------- ---------- $1059.00 ----------

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