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fourth update

 
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PostPosted: Mon Jul 10, 2006 8:11 am    Post subject: fourth update Reply with quote

Trades for Mon Jul 10th:

I bought 5,000 shares of IMGN at $15,000 [3.00], sold 1,000 shares of SMH at $32,100 [32.10, for $500 gain], bought 1,000 shares of SMH at $31,600 [31.60], sold short 1,000 shares of IWM at $71,100 [71.10], and bought to cover 1,000 shares of IWM at $70,800 [70.80, for $300 gain].

My portfolio is about $105,000, including over $10,000 in cash.

Shares Long

SMH 1,000
KBH 1,000
IMGN 5,000

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.

Trades; Shares; Gain or (Loss); Total Gain or (Loss); (Most Recent First)

7:SPY 400 Short +$200 +$3,400
6:SMH 1,000 Long +$450 +$3,200
5:KBH 500 Long +$300 +$2,750
4:KBH 1,000 Long +$200 +$2,450
3:KBH 1,000 Long +$900 +$2,250
2:IWM 1,000 Short +$1000 +$1,350
1:SPY 500 Short +$350 +$350
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