2 replies to this topic

[mss]

The starting portfolio will always appear first. The weekly update or change will appear below it.
All comments will be made at the bottom.

I MAY OR MAY NOT OWN ANY OF THESE STOCKS AT THIS TIME.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY STOCKS LISTED.
Refer to post : http://traders-talk....showtopic=47004

STARTING PORTFOLIO:

PORTFOLIO AS OF 1/28/06



SUMMARY 1/28/06
Jan 18-- FLO was sold @ $26.95 for a loss of $145, it was replaced with CHTT @ $37.35.
Jan 21-- As a "truth in lending" AAPL, BRCM & RIMM got stopped out of my personal trading account.
I will leave them in here for the time being as they are not yet on my weekly sell charts.
Jan 23-- RIMM was sold @ $64.60 for a loss of $400, due to court problems, KEY bought @ 34.95
Jan 25-- KWD got stopped out @ 23.93 for a gain of $28, replaced it with TNH @ 24.75

The STARTING PORTFOLIO:
$50,000- cost was $44,610, cash left, $5,390
+ sales $11,550 - new buys $9,705 = $7235 cash left.
UNREALIZED PROFIT: $4882- $515 (net loss sales) = $4367 or 10.2%

The question now becomes what to do with the laggards. Five are above 10% and five are below. Do we go to some system such as Gary Smith's, sell weak ones and load up on winners, or do we search for new winners, or do a combination??

PLEASE COMMENT.

[PorkLoin]

Scott, now what? I'd say pat yourself on the back for a nice profit, and it was fast, too! Personally, I do think selling the losers is a good thing, and, based on current charts I'd add to some of the winners and look for new opportunities. Doug

[Jnavin]

Good job! Go have a Guiness and let it go.