Wednesday, November 23, 2005

Happy Thanksgiving Day Everyone!

There is no commentary tonight as it is unnecessary to comment on pre-holiday trading. I will also not be posting market commentary after Friday's close, for the same reason.

Instead I plan on writing a series of columns this weekend relating to:

My trading: How I scan, setup, etc...

How I got involved in trading: What I am thankful for

Position Management, etc...

New Swing Longs: JBL ISO QSFT ECIL GHM HEII AMS

Longs Outperforming Market: RATE-90% BBD-84% ANAD-64% SPNC-66% RY-36% CWTR CTHR AKAM CHE PTC OXM NXG BBBB RNOW DEZ KPA JDSU ICTG UIC

New Swing Shorts: WEBX POSS

Shorts Outperforming Market: NONE

Stocks On Radar Screen: WZEN ISE MSSR MCBI ARCAF ALNY COBR VLG OSUR

Disaster Of The Day: ALXN. Ouch!!!

2 comments:

  1. Did you close your position on SNTO ? , can you write how you close position ? , I am new to your blog , but from the little i saw , you know what you are doing. and of course, thanks a lot.
    if you can write about the position you close at the end of the day, it will be good, and very helpful.

    thank you very much.

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  2. Shalom, Israel.

    I have not sold any of my SNTO yet. I would sell 1/2 no matter what with a close below 6.90. The other 1/2 would be sold, with a break below the 6.25 level. I would not make SNTO a big posiition because it is speculative.

    I am going to be writing some articles this weekend dealing with, hopefully if I find the time, selling, buying, scanning, and managing stocks. I have been very busy, due to the Thanksgiving holiday, so it might not happen. But I will do my best.

    I apologize, but I will never give any sells. For me to do that, I have to get paid for it. Because I am constantly trimming and selling down posiitions which helps me lock in profits yet if it runs score some big gains. The best place I can tell you to look to learn how I sell stocks is by going to www.investors.com, going to the learning centre, and then reading the section "how to sell stocks."

    If this was a paid advisory service or whatever, I would post buys with price, sells with price, and reason for trade. For now this is free and I can only give so much to be fair to myself.

    Thank you for your kinds words. Aloha.

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