Thursday, January 6, 2011

Added 2 more, and now I’m tapped out.

efaBefore I start talking about my stocks, let me just mention if you have any monies in the the I-fund or International Fund, be warned that I got my second red flag today. If we are still red by 11:30 am tomorrow, then I would pull my funds. Second point to note, if the I Fund falls thorough $57.25, then the next support would be $53.85 and that would be a 7% loss to start the year. Be carful here. I have zero funds invested here.

Today I added to more stocks to the portfolio and that would be AGCO and ARMH. ARMH did the skyrocket thing right out of the gate, but I waited most of the day and tried to buy near the bottom, but it settled all the way back to the open price. No matter, it was a stock I wanted long term as with all the stocks in my current inventory. Have this many stocks with the majority being very new makes me very nervous because that is a lot of red in the Stop Loss column. I feel more comfortable when at least half of my stock are in the stop loss black, meaning I can not sell them for a loss.

Current stocks on my Radar: CLF, CMI, CVI, FNSR, MGA, PXD, RCL. and RGA

Unfortunately, I’m tapped of cash and will not be buying anything until I get stopped out of something.

$0 realized profit today. AVG = $8.76 a day. Personal goal = $50 a day.  4 of 20 trading days for January complete. 

Jan

Feb

Mar

Apr

May

Jun

YTD 2011

$35.03

-

-

-

-

-

$35.03

Stock

Entry

Price

Stop

Profit

% Gain

AGCO

$52.90

$52.34

$50.51

26

1

ARMH

$22.54

$21.78

$20.54

77

3

ATML

$12.90

$13.08

$12.18

36

1

BWA

$73.99

$72.48

$71.32

$50

2

CTSH

$64.98

$75.51

$72.55

$502

7

CY

$18.14

$18.92

$17.93

$117

4

ENTR

$13.00

$13.24

$11.66

$46

2

KEM

$15.23

$15.25

$14.59

$3

0

MIPS

$16.72

$17.34

$15.27

$93

4

TOTAL ------------ ----------- ---------- $644.00 ----------

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