OK, see the post saxangle.com/2011/04/my-neck-is-on-the-chopping-block You may think this whole thing is silly and I wouldn’t disagree with you. I’ll doubt if I’ll post this exercise again. It seems like 70-80% of all volume in the market is involved in playing stupid games. With commissions so low, I might as well join in. The final tally between yesterday and today, 21 trades 17 winners 4 losers 80.95% profitable. Then why am I in a crummy mood? Because Apple fell almost 10 points off its pre-open high and I didn’t sell a single share.
The Trade Results are in all caps
- Boston Scientific BSX- $7.12 Dir Ernst (very savvy insider buying) chronically plagued company SOLD THIS AVERAGE $7.35
- Apple- AAPL $324.48Lread the post from last week –Apple showing first buy signal in six months STILL HOLDING AND AM PISSED THAT I DIDNT LIGHTEN UP AT 360, C’EST LA VIE
- Edwards Life Sciences EW $83.43 nice chart setup SOLD AVERAGE $87
- F5 Networks- FFIV $96.49 recently fallen tech leader business probably good but overvalued like most tech fashion names except Apple SOLD AVERAGE $ 107
- L-3 Communications -LLL $76.94 out of favor defense stock best of class, insider buying SOLD AT 75.86
- New York Times NYT $9.06- new subscription service, beaten up stock, could talk about the takeup, good chart setup SOLD AT $9.33
- GE- $20.41recent pullback, probably good news, CEO Immelt recently made large buy. I always have bad luck on this name, though. SOLD AT $20.84
- Te Connectivity -TEL $34.98 the old Tyco Electronics, recent insider buying bad chart, been in this a few days but still below recent insider buy- SOLD AT $34.98 THIS REALLY TEED ME OFF AS I DIDN’T LIKE THE CHART AND WATCHED SOME PROFITS EVAPORATE
ALL IN ALL PRETTY DARN GOOD