Tuesday, November 06, 2007

LIVE trading journal for 11/6: Trade Plan

I was forced to sell all my CHL position when it gaped down way below my break-even point to loss of 5 points average on each share. I rotated the money from CHL to RIG and NOV for a possible oil services sector run up.

VMW was stoped last Friday but I was able to buy back most of the position yesterday at around $111. I also picked up some more MA yesterday around $186 and some ISRG call options.

I'm still holding BIDU and GOOG but I might have to lighten up soon on these two top movers.

AGU MOS MICC are all in a very tight trailing stop loss.

In short, I'm hopeful for a year-end run up but nervous for a possible market drop.


Ragin' Cajun said...

I figured you would be after FSLR, no?

MC said...


I'll wait for it to base and maybe load up. For now I'm in WFR which is consilidating nicely before possible run up


Anonymous said...

What about SPWR? It has already taken off but I thought both you guys would be in on that one. -TVH