Monday, January 23, 2012

Update On Positions And Strategies

I've been busy watching the screen this morning so I apologize for not updating the positions that I tweeted last week. 

$SWFT This turned into a real dog and because I thought it might hold the $10 level I removed my stop. I took a bigger hit than I wanted and so there's yet another lesson learned. I entered the trade at 10.44. Exited at 9.88 for a -.56 loss.

$KNX Stock was in a nice uptrend and I took a full position at 15.73. Never got legs and sold off some today. I'm out at 15.40 for a small loss.

$TEX Tweeted my entry on this at 18.64. Stock is doing well today.

$TC Reentered at 8.60. Holding a .25 cent stop. Stock is moving up this morning. A close over 8.74 would be constructive.

$AKS Closing this today for breakeven. Earnings are tomorrow premarket and don't
want to stay in ahead of them. Had this too long. Getting really tired of it.

Tweeted that I was watching $KRA, $ACOM and $VIP but will wait to see how the market holds up here. Feels like it's getting ready for a rest. May look at some day trades... or may just sit and think.

Good trading for the rest of the day. Be smart. Stay solvent.

GO PATS!!!

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