administrator Site Admin
Joined: 28 Dec 2005 Posts: 12643
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Posted: Thu Jul 06, 2006 9:57 am Post subject: fourth update |
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Trades for Thu Jul 6th (update):
I sold 1,000 shares of KBH at $46,400 [46.40], bought 1,000 shares of KBH at $45,900 [45.90], sold 1,000 shares of KBH at $46,100 [46.10], and bought 500 shares of KBH at $23,000 [46.00]. I sold KBH, because it may pullback to buy at 45.90. I sold KBH, on a small bounce, because the market is short-term overbought. I bought a small KBH position for a long-term trade. Completed trades at bottom of page.
Trade 1: Buy 1,000 shares of KBH at 45.50. Sell above 46.50. Stop loss 44.00 (which is below 10-day low). Higher target price 48 to 53.
Trade 2: Buy 1,000 shares of QQQQ at 38.00. Sell at 39.00. Stop loss 37.00
My portfolio is over $100,000, including about $80,000 in cash.
Shares Long
KBH 500
Shares Short
None
Portfolio at $100,000 on Jul 1st, 2006 This portfolio will start with $100,000 cash and $100,000 margin. Support and resistance levels will be noted. Buy and sell price targets, and stop losses will be set.
Trades; Shares; Gain or (Loss); Total Gain or (Loss); (Most Recent First)
KBH 1,000 Long +$200 +$2,450
KBH 1,000 Long +$900 +$2,250
IWM 1,000 Short +$1000 +$1,350
SPY 500 Short +$350 +$350 |
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