administrator Site Admin
Joined: 28 Dec 2005 Posts: 12643
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Posted: Wed Jul 05, 2006 7:03 am Post subject: second update |
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Trades for Wed Jul 5th:
I bought to cover 500 shares of SPY at $63,600 [127.20, for $350 gain], bought 1,000 shares of KBH at $45,500 [45.50], and bought to cover 1,000 shares of IWM at $71,000 [71.00, for $1,000 gain].
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.
My portfolio is over $100,000, including over $55,000 in cash.
Shares Long
KBH 1,000
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. |
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