Thursday, November 02, 2006
After the close 11-03-2006...
Once again, nothing to post as there was only 1 stock with a "today's opinion" above my 25% threshold. And, I'll skip it as it is too thinly traded. On the other hand, HZO did drop below my ideal entry after reporting earnings. I am not entirely sure how to handle these situations (a lack of really exploiting and testing the method). The question is: Should I wait for the stock to base, or jump in now that the target is met?
I'll play a game. Both BDC and HZO have met my downside targets necessary to initiate a trade, so I'll paper trade the method. I'll set an initial investment of $1000 and track the results.
BDC: I would've bought during the AM window (see www.foliofn.com for explaination or my other blog) on Oct. 30th @ $36.22 = 27.609 shrs.
HZO: I would've bought during the AM window on Nov. 3rd @ $25.55 = 39.139 shrs.
Stop loss is set for 5%. For most stocks this allows a 15-25% move from the top since the stock was initially down to get 'downgraded', and down more before I enter, and down a little more before leaving. So stop losses are: HZO = $24.27; BDC = $34.41.
I'll track my results and see what happens.
Happy investing,
Masterjaz out
I'll play a game. Both BDC and HZO have met my downside targets necessary to initiate a trade, so I'll paper trade the method. I'll set an initial investment of $1000 and track the results.
BDC: I would've bought during the AM window (see www.foliofn.com for explaination or my other blog) on Oct. 30th @ $36.22 = 27.609 shrs.
HZO: I would've bought during the AM window on Nov. 3rd @ $25.55 = 39.139 shrs.
Stop loss is set for 5%. For most stocks this allows a 15-25% move from the top since the stock was initially down to get 'downgraded', and down more before I enter, and down a little more before leaving. So stop losses are: HZO = $24.27; BDC = $34.41.
I'll track my results and see what happens.
Happy investing,
Masterjaz out
# posted by Masterjaz Out @ 6:46 PM 
