For the most part day Friday, the S&P 500 was up, but with the exception of CAT and ATML everything I owned went down. My biggest winner, unrealized, CVI even got pounded to the tune of 4.36% down, so I took the opportunity to add to my position here on what I hope is a temporary pullback. I have been taught to throw more money at my winners and I’m 3 for 3 using this technique, so time will tell if this was the right move.
CAT was up another 2.35% today for what ever reason and I’ll take it. I will have to look more closely at my positions to make sure that I’m not in the wrong sectors. If so, I may have to do some rotating come Monday. So far this year the S&P500 is up 6.79% and I’m 0 for 3 and if this market was to tank in one day, I would take a pretty good bath.
I got one stock, CVI, in the black and covered and can’t sell for a loss. CAT is close to black because my stop loss is within .05 cents of my entry price. All my other positions just have not moved enough to ensure their safety. This is hardest part of the game, but necessary to manage risk.
$0 realized profit today. AVG = $15.67 a day. Personal goal = $50 a day. 14 of 19 trading days for February complete.
| Jan | Feb | Mar | Apr | May | Jun | YTD 2011 |
| $5.41 | $219.46 | - | - | - | - | $224.87 |
| Stock | Entry | Price | Stop | Profit | % Gain |
| A | $44.80 | $43.92 | $41.66 | $49 | 2 |
| AAPL | $353.00 | $350.56 | $15.00 | $17 | 1 |
| ATML | $15.40 | $15.69 | $15.00 | $58 | 2 |
| CAT | $98.80 | $105.86 | $98.75 | $176 | 7 |
| CVI | $18.84 | $21.30 | $19.81 | $383 | 8 |
| DE | $92.91 | $95.00 | $89.59 | $56 | 2 |
| FXEN | $9.91 | $10.00 | $9.54 | $25 | 1 |
| LULU | $84.21 | $82.12 | $78.31 | $60 | 2 |
| PXD | $100 | $99.23 | $93.50 | $19 | 1 |
| TOTAL | ------------ | ----------- | ---------- | $553.00 | --------- |
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