Anytime my portfolio positions start dropping like flies it is normally a sign that the market could be seeing rough days ahead. I managed to squeeze out a profit but it wasn’t enough to cover monthly losses. Looking at the after market movement, there is a good chance that I will lose a few more position in the morning.
Today we fired a Red Flag on the S&P50, Small Cap, and the Nasdaq. Let’s hope things turn in the morning or we could be looking at a trend reversal by weeks end. Bummer!
AGCO $70.32 loss, KEM $106.95 loss, $32.94 loss, CTSH $299.74 gain.
$89.53 realized profit today. AVG = $19.14 a day. Personal goal = $50 a day. 12 of 19 trading days for January complete.
| Jan | Feb | Mar | Apr | May | Jun | YTD 2011 |
| $229.65 | - | - | - | - | - | $229.65 |
| Stock | Entry | Price | Stop | Profit | % Gain |
| ARMH | $22.54 | $25.74 | $25.01 | $326 | 14 |
| ATML | $12.90 | $13.98 | $13.05 | $216 | 8 |
| CLF | $87.00 | $87.37 | $83.00 | $10 | .5 |
| CY | $18.14 | $20.81 | $20.10 | $400 | 15 |
| ENTR | $13.00 | $13.07 | $12.54 | $14 | .5 |
| TOTAL | ------------ | ----------- | ---------- | $966.00 | ---------- |
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