Wednesday, November 9, 2011



Today's Market
by Dr Invest

Look, I know this is what you have been waiting for. Now that shame has come upon, I humbly acknowlege what everyone already knows: "The market is not predictable."

If you have been following my blog, you will know that I purchased three stocks: FDO, DLTR, and CATM. Today was a SLAM as the DOW sunk 400 points and barely climbed upward toward the end of the trading day.

That is the very reason, that I use a 6% stop-sell whenever I buy a stock... so I can preserve my capital.

                                                         MONDAY    TUESDAY         WEDNESDAY
FDO (Family Dollar)                        lost .08%      gained   .08%        lost 2.41%
DLTR (Dollar Tree)                         lost .56%       gained 1.43%        lost 1.43%
CATM (Cardtronics ATMs)      gained 1.08%      gained 8.22%        lost 3.78%
                                                                .44% gain           9.73% gain       7.62 loss  2.11%  total gain

As of today, I have gained a total of  2.11% in the overall stock porfolio.

I admit, this is exciting. How will this investment end? Will I see a recovery by the weekend or will my stocks sell? As an investor, I have a conviction that the market will rally... but only  a 6% conviction. Another 3% loss and my seasonal investing will be brought nearly to an end.

This is how I have chosen to trade, I follow my rules regardless of what I think the market will do. If the market falls more than 6%, my stock is sold.... if the market continues to rise, my stock is hold.

(Note: The above article is for entertainment purposes only and not to be considered as investment advice.)

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