Saturday, November 7, 2009

Intel Is Buy

Dow Jones up 200 points, very bullish activity, even though there was very little economic data to support the price action. Today, I sold TJX and bought INTC. I will change 3% strategy next week. I will hold on little longer to increase return on investment and I believe INTEL has more upside potential.

3% Return Strategy:
- Buy a stock at weakness or strength
- Sell after 3% price increase, or 6% price drop

05 November 2009 Transactions:
- SOLD 80 SHARES OF TJX AT $38.80
- BOUGHT 160 SHARES OF INTC AT $18.80
- Commission $14

05 November 2009 Positions:
200 SHARES OF GE
160 SHARES OF INTC

Account Balance:
Starting Account: $10,000
Current Account Value: $10,382
Net Gain: $382 ... 9 days

No comments:

Post a Comment