Wednesday, February 23, 2011

Cleaning me out

The market followed through today with another loss and I got caught up in another NEWS beating like I have experienced a few times. A week ago, I had close to a $1000 profit just waiting to take and today, a sea of red. It can be very discouraging at times. Tomorrow will be decision day for me on whether I pull my retirement account and stand down waiting for a confirmation that we have entered into a new downtrend. Tonight I lick my wounds and hope to live to fight another day.

Mark has made a choice to hold the 3 stocks, AAPL, CVI, and PXD, until I figure out the current market trend.

LULU $210.56 loss – DE $110.48 loss – DE $195.87 loss – CAT $22.28 loss

$60.24 realized profit today. AVG = $43.65 a day. Personal goal = $50 a day. 16 of 19 trading days for February complete.

Jan
Feb
Mar
Apr
May
Jun
YTD 2011
$5.41
$698.41
-
-
-
-
$703.82

Stock
Entry
Price
Stop
Profit
% Gain
AAPL
$353.00
$342.62
$326.00
$73
3
CVI
$19.80
$19.09
$16.37
$282
4
PXD
$100
$100.67
$93.50
$2
0
TOTAL ------------ ----------- ----------
$353.00
---------

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