Wednesday, November 4, 2009

Stocks Gave Up Gains in Last Hour

I think the stock market will pull back little bit more, so I was not out looking to buy stocks today. I considered to short Gold or long Dollar but did not have time to do homework during the day to pull the trigger. After hours, Cisco earnings was very bullish. I will consider to buy Cisco or Intel tomorrow.

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

04 November 2009 Transactions:
N/A

04 November 2009 Positions:
80 SHARES OF TJX
200 SHARES OF GE

Account Balance:
Starting Account: $10,000
Current Account Value: $10,293
Net Gain: $293 ... 8 days

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