Thursday, December 30, 2010

December 30, 2010


I sold American Express $AXP today and bought Mips technologies $MIPS for $15.25. AXP dropped below its 50 day SMA by going sideways since I bought it. I didn't lose anything on AXP, and it may still go up, I just like MIPS better right now. I know I've been repositioning my portfolio alot lately, but I really feel like these stocks will move come the first of the year. Everyone is more optimistic at the beginning of the year. I like where these stocks are on the charts.

After yesterday the scoreboard reads:

Me 26.33%
S&P 12.98%

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