I suspect some hesitation early this week...
Normally, I'd be splitting some of my 5% + positions into two stop loss orders; however, I'm not convinced this move upward will continue... so I'll keep my stop losses tight, following it up. A pullback may result in returning to the purchase prices... at which point I may reconsider a repurchase. This way I can try to maximize my returns.
Well, now for the positions... we've done well in the past week.
October 7th, I chose INFA @ $43.85. It closed @ $48.13 for a 9.8% gain. I'm raising my stop loss to $46.74.
October 11th, I chose AAPL @ $392.00. It closed @ $422.00 for a gain of 7.7%. I'm raising my stop loss to $407.43.
October 14th, I chose GMCR @ $92.40. It opened above my 2% rule, so we did not enter.
October 17th, I'm choosing SH @ 43.19.
OVERALL
The Overall total return is 78.3% since my first purchase in June.
So far... 16 winners... 5 even... and 18 losers (at approx. -1% each, and one at 0.3%) for a great overall profit.
I'd encourage you to visit Invest in the Markets for great educational articles, stock analysis, and trading strategies. It's a great site no matter how new or experienced you are as a trader.
See you tomorrow!
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