Thursday, July 05, 2007

not real-time LIVE trading room journal for 7/5

After realizing that I bought more than then pilot sizes for the FCSX and RVBD trades, I quickly sold 100 shares of each on Monday (7/2). So for the LIVE trading room account, I am currently carrying 100 shares of FCSX and RVBD and will look to add to these positions when and if it clears the latest swing highs. As always I already have my triggers for these trades.

In my personal account, I am in the process of unwinding my FSLR position and rotating the money to SPWR and TSL. I only have a pilot position on TSL and would like to add some more before it gets going. I also picked up some CL and TNH to complete my allocation last Monday.

As I have mentioned in Wallstreak, I was also busy building my positions in AAPL and MA and will look to complete my position allocations when and if these stocks move to new highs. I also mentioned that I unloaded some of my RIMM and BIDU positions in the morning last Tuesday. I did picked up some RIMM when it started to stabilize at $207 before the close of market.

Some of the stocks that are in my leading stocks list are ACH, BTJ, VIP and MBT but for some reasons, I'm trigger shy on these stocks. Maybe because I have been chopped around by these stocks that I just try to stay away. But they offered nice gains.

I will be away from the market and email for the next few days. Hopefully, my trade triggers will take care of my positions for me.

Trade well!

1 comment:

D Pickard said...

In my personal account, I am in the process of unwinding my FSLR position and rotating the money to SPWR and TSL.

That's some confirmation of my decision to buy SPWR awhile ago. I've been wrong on FSLR before, and didn't want to short them, but I figured SPWR might benefit from FSLR's eventual correction. :)