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Equity curve for Trading System no2.

382% Model portfolio performance for 2005!


 
Wait and See
at 2005-12-12 18:19:40

Happy to make a little money on what I hope was just a consolidation day before the market resumes it's Novemeber uptrend. I sold my position in CSCO at 17.37 for a 1.2 % gain. Later bought APCS at 15.98 and it closed at 15.72. It broke a downtrend on big volume last week and has been consolidating at that level, which makes me confident it will not "fill the gap" and will head towards it's resistance level around 18 soon.

Great intraday stock filter found after visiting TheKirkReport, which is also a great site.

Chartman thinks ABT a shorting opportunity and MO is nearing a major resistance point.

Thinking Out Loud, No Stocks Allowed:
*Thanksgiving thought: call parents more . . .they miss you!
*Read a great book called Blink. A great read about the adaptive subconsious and how our first impressions have an uncanny ability to get to the truth. Some great lessons that can be applied to stock picking.
*Ratings for Movies recently viewed:
Crash: B+. Would be higher if I could get passed all the unreasonable coincidences.
Machinist: A. Christian Bale might be the best actor today. How did he get that thin?
Kicking and Screaming: C+. Nice Family movie, but expect more out of Ferrel.
Interpreter: B. Good acting from Penn and Kidman. Good story.
House of Flying Daggers: A+. Graceful, in many ways.


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