Take the risk: AMZN GS CMP

As planned, picked up some more AMZN GS CMP this morning in that pullback to areas of support

A look back to set things straight

So to make things a little bit clearer regarding my existing positions, here are the following post I made in Wallstreak discussing the following trade recommendations.

1. AAPL (long on 1/2/2009)
   
2. AMZN, BRCM, IBM, GS, THOR (long on 12/17/2008)
   
3. PCU (long on 12/17/2008)
   
4. MYGN (long on 12/17/2008)

Trade: Long AMZN

Bought AMZN @ $53.22 as planned

Take the risk: Long AMZN

I entered this position around $50 last week and with the stock clearing the consolidation area, I'm looking to double my position right here at $55 area.

Stalking stock: CMP

I will be closely watching CMP as it tries to move out of the base. I will buy a pilot position at this level and look to increase my position if the price does not fall below $58

Take the risk: LONG THOR

I have been holding THOR for more than a week now. I will let it move from the base a will look to add on any pullback.

A new year, a clean slate

After that confusing 2008, we are given another opportunity to start fresh for 2009. Don't get me wrong about 2008, it was one of my better years but it sure was one of the most difficult market we have had in a long while.

For 2009, I will

1. Post at least 3 times a week
2. write up some analysis on stocks I'm watching/stalking under the tag 'WHILE YOU WERE SLEEPING'
3. write up about trades I'm engaging in 'TAKE THE RISK'
   
4. present at least 2 trade ideas for a week

Happy new year to all!!!