Added a couple

Today I picked up two more stocks in HYC and REE. Once again, not the greatest of entries but  in time will see if they are good for the portfolio. I have held AAPL and SNDA just about along as I want to hold them and I feel like I have money that is sitting there doing nothing. I do not know how much more patience's I can show either stock. Technically, I should have sold both at sometime in the recent past, but I held them until the news cleared and here we sit. I image by this time next week and will a decision based on what I see in the charts.

I will confess I have a sudden urge to sell everything an cash out. Let winners run, let winners run…

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$163.29	-	-	-	$867.11

Stock	Entry	Price	Stop	Profit	% Gain
AAPL	$353.00	$348.63	$347.68	$31	1
CVI	$19.80	$22.85	$21.50	$1222	15
GILD	$41.26	$42.51	$41.64	$75	3
HYC	$12.60	$12.27	$11.83	$66	3
ORLY	$56.65	$57.85	$56.51	$54	2
PAY	$48.90	$56.84	$50.41	$405	16
POT	$58.00	$58.18	$55.59	$8	0
REE	$13.70	$13.37	$13.06	$33	2
SNDA	$44.40	$42.46	$41.01	$108	4
TOTAL	------------	-----------	----------	$1526	---------

Sold one and bought one.

I actually did this transaction Monday and I’m just getting time to report it. I got tired of watching AWH do nothing and took a small loss and moved that capitol to a different invest that looked more appealing to me. I bought POT pretty close to the high of the morning and then it started it’s decent from the time of purchase. This happens to me a lot and I‘ve just gotten use to it happening. As a matter of fact, I almost expect to happen with every purchase I make. When I decided to buy, I know I have made the decision to purchase the stock and I want to run it for the long term if possible. So what it does the first few days is not my goal. What it does over the next few weeks and months is important to me. As you see below, CVI and PAY is my goal for all stocks and those two did not start out very pretty either.

Sold AWH for a $90.01 loss.

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$163.29	-	-	-	$867.11

Stock	Entry	Price	Stop	Profit	% Gain
AAPL	$353.00	$350.96	$347.68	$14	0
CVI	$19.80	$22.18	$20.17	$954	12
GILD	$41.26	$42.05	$39.91	$47	2
ORLY	$56.65	$56.83	$55.80	$8	0
PAY	$48.90	$56.50	$50.41	$387	16
POT	$58.00	$57.15	$54.28	$37	1
SNDA	$44.40	$42.70	$43.38	$95	4
TOTAL	------------	-----------	----------	$1250	---------

$SPX - Daily Candlesticks

$SPX - Daily Candlesticks: "

via StockCharts.com

"

Could be the perfect entry into C-fund or the etf, UPRO.

Just a quick update

It has been a very rough few weeks watching all my snap lower then snap back. I had a few stock actually go below my stop loss points but I didn’t sell them. I wanted to make sure that this market was actually going to turn south into a bear market. I figured that within one or two weeks after all the news settled in, I would have my answer. The market came snapping back and all but one of my stocks is in pretty good shape. SNDA had a good thing going and when all the news hit, it just started heading south and never came back. Right now I’m about $1.27 a share below my second stop loss but I’m $2.25 above my initial stop loss. So, I could argue that I’m still good, but that is just an excuse. If early next week SNDA begins to float south and not follow through with todays up day, I will sell it and move on.

All indexes appear to be going up in a recovery, so I will hold all positions as long as possible. I will likely start sniffing for new positions over the weekend. It is so tempting at this point to sell all positions and take my profits after that big decline the last 10 to 14 days.

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$73.28	-	-	-	$777.10

Stock	Entry	Price	Stop	Profit	% Gain
AAPL	$353.00	$351.54	$347.68	$10	0
AWH	$63.15	$61.70	$60.07	$58	2
CVI	$19.80	$22.16	$20.17	$946	12
GILD	$41.26	$42.08	$39.91	$49	2
ORLY	$56.65	$58.12	$55.80	$66	3
PAY	$48.90	$52.80	$46.22	$199	8
SNDA	$44.40	$42.11	$43.38	$128	5
TOTAL	------------	-----------	----------	$1064	---------

End of week 3/11/2011

I got bounced out PXD, an energy stock, for another small loss. All these little losses are starting to add up and I really need to see some profit put in my account. SNDA has started to make a move even in the down turn and I can only hope that continues until my stop loss is deep in the money. Right now it is close to break even. CVI keeps playing with me in away that is so cruel. One minute I’m in the money and the next I’m out of the money. Friday CVI was up 9.41% and if she would do that a few more times, I would be good to go. The rest of my stocks are holding there own and considering this negative market, that is a good thing.

$73.28 realized profit today. AVG = $0 a day. Personal goal = $50 a day. 9 of 23 trading days for February complete.

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$73.28	-	-	-	$777.10

Stock	Entry	Price	Stop	Profit	% Gain
AAPL	$353.00	$351.99	$347.68	$7	0
AWH	$63.15	$62.95	$60.07	$8	0
CVI	$19.80	$20.17	$18.20	$150	2
GILD	$41.26	$40.83	$38.45	$26	1
ORLY	$56.65	$56.02	$54.85	$28	1
PAY	$48.90	$49.00	$44.10	$5	0
SNDA	$44.40	$48.81	$43.38	$247	10
TOTAL	------------	-----------	----------	$333	---------

End of Week

Nothing too report here expect that even though Friday was a down day, most of my stocks held well and some even moved up. Pay was up 2.67% Friday, which was the best and the worst was ORLY which was down .17 cents or 3 tenths of one percent down. Currently 80% invested in stocks and 20% cash.

Current market condition is wishy washy and waiting to see if the current uptrend will hold.

$0 realized profit today. AVG = $0 a day. Personal goal = $50 a day. 4 of 23 trading days for February complete.

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$0	-	-	-	$703.82

Stock	Entry	Price	Stop	Profit	% Gain
AAPL	$353.00	$360.00	$337.72	$49	2
AWH	$63.15	$63.38	$60.07	$9	0
CVI	$19.80	$20.64	$17.57	$338	4
ORLY	$56.65	$56.38	$53.33	$12	0
PAY	$48.90	$49.91	$44.10	$52	2
PXD	$100	$100.00	$93.50	$0	0
SNDA	$44.40	$44.65	$39.86	$14	0
TOTAL	------------	-----------	----------	$346	---------

March update with some new positions.

The market for over a week has been in turmoil and threaten to reverse course, so I didn’t have much to post since I was neither buying or selling. Today the market came back with a vengeance and in my opinion reconfirmed the uptrend. I am sure that with just the right news from the middle east or high crude oil prices, the market will once again sputter. But until that happens we must try to make money in the current trend. Sitting on my hands and hoping will do nothing to improve my trading skills or increase my nerve to read and be right. So today I added 4 new positions based on trying to hit the earliest safe entry. I will go through one of them now.

AWH is one I bought today that was in my want to buy list. First the S&P500 had to be in an uptrend and a up day. Then I would like to buy after earnings had been reported. Now I want a pivot low, two green days and buy on the 3rd or after when all other items lineup. RSI rising and prefer above 50 and MACD crossing over and showing first green bar.

$0 realized profit today. AVG = $0 a day. Personal goal = $50 a day. 3 of 23 trading days for February complete.

Jan	Feb	Mar	Apr	May	Jun	YTD 2011
$5.41	$698.41	$0	-	-	-	$703.82

Stock	Entry	Price	Stop	Profit	% Gain
AAPL	$353.00	$359.56	$337.72	$46	2
AWH	$63.15	$63.27	$60.07	5	0
CVI	$19.80	$20.42	$17.57	$250	3
ORLY	$56.65	$56.55	$53.33	$5	0
PAY	$48.90	$48.59	$44.10	$16	0
PXD	$100	$100.02	$93.50	$0	0
SNDA	$44.40	$44.55	$39.86	$8	0
TOTAL	------------	-----------	----------	$288	---------