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The results from the chopping block

OK, see the post saxangle.com/2011/04/my-neck-is-on-the-chopping-block  You may think this whole thing is silly and I wouldn’t disagree with you.  I’ll doubt if I’ll post this exercise again.  It seems like 70-80% of all volume in the market is involved in playing stupid games.  With commissions so low, I might as well join in.  The final tally between yesterday and today, 21 trades 17 winners 4 losers 80.95% profitable.  Then why am I in a crummy mood?  Because Apple fell almost 10 points off its pre-open high and I didn’t sell a single share.

 

 

 

 

The Trade  Results are in all caps

  1. Boston Scientific BSX- $7.12 Dir Ernst (very savvy insider buying) chronically plagued company  SOLD THIS AVERAGE $7.35
  2. Apple- AAPL  $324.48Lread the post from last week –Apple showing first buy signal in six months STILL HOLDING AND AM PISSED THAT I DIDNT LIGHTEN UP AT 360, C’EST LA VIE
  3. Edwards Life Sciences  EW $83.43 nice chart setup  SOLD AVERAGE $87
  4. F5 Networks-  FFIV  $96.49 recently fallen tech leader business probably good but overvalued like most tech fashion names except Apple SOLD AVERAGE $ 107
  5. L-3 Communications -LLL $76.94 out of favor defense stock best of class, insider buying SOLD AT 75.86
  6. New York Times NYT  $9.06- new subscription service, beaten up stock, could talk about the takeup, good chart setup  SOLD AT $9.33
  7. GE- $20.41recent pullback, probably good news, CEO Immelt recently made large buy.  I always have bad luck on this name, though.  SOLD AT $20.84
  8. Te Connectivity -TEL $34.98 the old Tyco Electronics, recent insider buying bad chart, been in this a few days but still below recent insider buy- SOLD AT $34.98  THIS REALLY TEED ME OFF AS I DIDN’T LIKE THE CHART AND WATCHED SOME PROFITS EVAPORATE

ALL IN ALL PRETTY DARN GOOD

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