Wednesday, June 18, 2008

Update on Sim acct.




You'll notice from my positions that my 2 biggest losers are from trying to catch a falling knife(AMR) and a space shuttle that recently launched for the moon(JRCC). All the other positions are typical and making money or slightly in the red. JRCC looked like it was overbought- it's ran about $20 or up 50% in the last 2 weeks. AMR looked oversold- Down $2 or 30% from where I bought it. Overall, I plan on holding AMR for a few more months to see how things pan out. I may have to cut the loss on JRCC, but I'm looking to see how it trades after OPEX.

1 comments:

Bluedog on 7:07 PM said...

Careful with those airlines. Volume is up big, though, which makes me think capitulation is nigh.

Subscribe via email

Enter your email address:

Delivered by FeedBurner

 

High Probability Trade. Copyright 2008 All Rights Reserved Revolution Two Church theme by Brian Gardner Converted into Blogger Template by Bloganol dot com