Scaling back the nonsense
I've decided to drop the twice weekly updates on all stocks. #1, I'm still a little sick from a mild flu bug or something, and I don't feel like writing that much today, and #2, two per week is way overkill. I'll start doing it over the weekend.
I missed reporting a little activity yesterday, and there was more today. I'll go out of order:
TXU - lost it today. It's had a rough couple days. I had it up +8% or so at one point, but it never developed a stop that was going to mean anything. It was a minute loser in the end.
CMCSA - lost this one today as well. A welcome sale to free up cash. Minute winner.
Yesterday I picked up:
MGRM - a little tiny guy that has promised to make me stinking rich. It is a roller that I picked up at the bottom of its range.
MS - A big one that moves its ass. It broke out and volume has been very good.
Today I bought:
IGT - I grabbed this one just prior to the big breakout it is going to have out of its ascending triangle formation. Tuesday of next week is when I've scheduled it for its breakout.
ISIG - A little guy that broke out on gigantic volume today.
I've decided I need to add some rocket fuel to the portfolio. Hence, the small guys I've picked up lately. I also need to evaluate my strategy of letting a stock sit there doing nothing after they've made their move. TXU could have been harvested a significant winner. When it looks over, I may just have to pull the plug rather than wait for the next run. Corrections during trends are one thing, sideways nothingness is quite another.
I missed reporting a little activity yesterday, and there was more today. I'll go out of order:
TXU - lost it today. It's had a rough couple days. I had it up +8% or so at one point, but it never developed a stop that was going to mean anything. It was a minute loser in the end.
CMCSA - lost this one today as well. A welcome sale to free up cash. Minute winner.
Yesterday I picked up:
MGRM - a little tiny guy that has promised to make me stinking rich. It is a roller that I picked up at the bottom of its range.
MS - A big one that moves its ass. It broke out and volume has been very good.
Today I bought:
IGT - I grabbed this one just prior to the big breakout it is going to have out of its ascending triangle formation. Tuesday of next week is when I've scheduled it for its breakout.
ISIG - A little guy that broke out on gigantic volume today.
I've decided I need to add some rocket fuel to the portfolio. Hence, the small guys I've picked up lately. I also need to evaluate my strategy of letting a stock sit there doing nothing after they've made their move. TXU could have been harvested a significant winner. When it looks over, I may just have to pull the plug rather than wait for the next run. Corrections during trends are one thing, sideways nothingness is quite another.

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