Saturday, August 25, 2012

Took some profits.

I held my long position in the S&P500 for 78 days but I just got the feeling that things this week were doing more than just consolidating so I decided to go ahead and take my little profit. As with the S&P, I also held a position in the Small Cap for 53 days and even though I made just .30cents, I just wanted my capital back. I had watched these funds go in and out of profit so many times, I was exhuasted. 
To give credit where credit is due, I found this stock and or the timing to get in via As they were buying and selling, I was just getting in and holding based on my entry signals that are required for me. That position was DECK. I also bought DMND based on that same observation and then my rules to get in, but did not make any money on the second. My timing was bad on DMND. 

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