GE was upgraded by two analysts today with price target $18 per share. However, I sold GE based on 3% Return Strategy which teaches me not to be greedy, we will see. I think GE still has lots of room to go higher, stock price is still around it's 50 day moving average. But again, I just sticked to the strategy.
3% Return Strategy:
- Buy a stock at weakness or strength
- Sell after 3% price increase, or 6% price drop
06 November 2009 Transactions:
06 November 2009 Positions:
- Buy a stock at weakness or strength
- Sell after 3% price increase, or 6% price drop
06 November 2009 Transactions:
- SOLD 200 SHARES OF GE AT $15.10
- Commission $7
- Commission $7
06 November 2009 Positions:
160 SHARES OF INTC
Account Balance:
Starting Account: $10,000
Current Account Value: $10,515
Net Gain: $515 ... 10 days
Account Balance:
Starting Account: $10,000
Current Account Value: $10,515
Net Gain: $515 ... 10 days
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