Thursday, December 27, 2007

Review of Current State

I've not found any material trouble areas upon perusing the portfolios.

Review of recent winners:
  • BBI (4.18) +30.58% since entry 12/7/07. No change in disposition. It's a speculative, entry level position of 25% of full stake.
  • AGU (72.76) +16.23% since entry 12/21/07. Watch for uptrend and volume to break to take profits. 50% of full stake.

Review of potential positions:

  • STLD (60.41) broke out nicely (12/21/07) on the 4 million+ shares I was looking for. Must wait for a pullback unless the volume goes crazy. Currently the max. entry point is $59.96.
  • ESLR (18.84) is breaking out on 3X average volume. It's going to move today but max. entry point is $18.64

DOW (13552) NAZ (2724) S&P (1498)

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