Friday, October 29, 2010

October 29, 2010

As of yesterday I am now up 30% for the month of October. I'm pleased about this, but I'd be happier if I had limited my losses in August and September.

Me 16.17%
S&P 6.04%

Thursday, October 28, 2010

October 28, 2010




I sold FFIV today for $117.00 and a 19% gain. I immediately bought Apple (AAPL) for $306.42. I might be getting in a tad early, but because it's Apple, I'm willing to risk it. It touched it's 20 day SMA today and I plan on keeping it as long as it stays above it. Really, you're supposed to wait for a green candle to form a pivot point, but it's Apple and I plan on holding this stock for a while.

Note: When I post these candlestick charts, the last candle on the right represents the day I bought the stock.

I'm also up 3% on my TGH trade as I'm writing this. I'll update the scoreboard tomorrow.

Wednesday, October 27, 2010

October 27, 2010




Well October has been great. As of yesterday I'm up 20% for the month. That's not including FFIV being up another 15% as I'm writing this.

I bought TGH for $24.59 today. It's got a big green candle bouncing off the 200 day SMA.

Me 6.01%
S&P 6.33%

Tuesday, October 26, 2010

October 26, 2010

I sold BFR today for $11.94 and a gain of over 12%.

Also, NFLX is up almost 7% and CMG is up another 4% as I'm writing this.

I'll update the scoreboard tomorrow.

Monday, October 25, 2010

October 25, 2010

BFR gained another 6.78% today so that will score me some points after this post. I'm up 17% on that trade in 6 days. FFIV gained 2.71% today also.

After Friday's trades the scoreboard reads:

Me 2.81%
S&P 6.10%

Friday, October 22, 2010

October 22, 2010

I sold AXP today for a slight gain at $39.01. It had a big red candle today and I wanted to get out before I had a loss. Also I think there is an opportunity with FFIV which I bought at $97.95.

BFR is doing well as it is already up 9%.

I'm happy to see Chipotle (CMG) up 15% today. Now I start fretting over whether or not I should sell it since it has went so vertical. Google did the same thing the other day and has held steady so I think I'll hold on to it for now.

I also bought Intel (INTC) on the 20th at $19.73 but it hasn't move much since.

CMG and INTC don't affect the scoreboard. They're in my other account.

I'll try to update the scoreboard sometime this weekend.

Wednesday, October 20, 2010

October 20, 2010

Time to update my trades. Sorry I haven't posted in awhile. Thanks for the article on Netflix. That was educational. I'll try to do a better job of keeping this updated.

DSTI really bailed me out. I'm waiting for it to find steady support again so I can get back in.

After my last post on Sept. 24, I was at -8.47%. The S&P was at 3.01%

On Oct. 12 I sold DSTI at $2.27 for well over a 20% gain. I then bought AXP for $38.65. Unfortunately I had only used about 60% of my account on that trade. The other 40% was used on CRM. I like being invested it two stocks instead of one though.

Yesterday I sold CRM at 103.25 for a substantial loss. I then bought BFR for $10.46.

The mistake I made with CRM is that I didn't sell when it dropped below the 50 day SMA. I didn't stay disciplined and do what I was supposed to do. Looking back I was just bummed about the ISSI trade and wasn't paying enough attention to what was going on. I can't let that happen again. On the bright side, everything I have right now is up. It's nice to see some green numbers again. In my other account I bought Chipotle (CMG) on Sept. 24 for $169.65. As I'm writing this it's up over 6% at 181.20.

After yesterday's trades the scoreboard reads as follows:

Me -.08%
S&P 4.56%