09-04-2013 Trading Journal

The market opened slightly higher and then climbed ahead all day.

$CERS took out yesterday high so I added more.  Later in the day when price showed no sign of weakening, I added another batch.  I believe more and more people are becoming aware of this biotech stock so price may continue to climb from accumulation.  This may as well be a long-term hold from here.  I’ll continue to add to this position if price takes out the long-term resistance and take out $6.

$INO broke out of $2 resistance so I bought a starter position.  Later when price was holding above $2, I added more.  Nothing big here since this biotech is highly volatile.  I have had my big win on this and have no intention to give it back.

I bought a starter position on $DUST wondering if the gold miners rally was over.  It wasn’t.  I was stopped out.  By end of day, the late stage $NUGT rally convinced me to buy back a starter position on it.

Current holdings:

LRAD, AMRN, CERS, KNDI, ONVO, INO, NUGT and 24% cash.

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Categories: Daily trading Journal

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