02-17-2015 Trading Journal

The bull made a cautious up move today.

DJ-30 daily

We are not yet out of the woods yet, the big giant resistance is looming right ahead, almost a stone throw away.  Will there be a blast hitting all cylinders roaring to the sky or will simply fall back down from its weight?  The rest of the week will be interesting to watch.

Meanwhile, my port went thru a hiccup once again.  Only just got back to even for the year and now back down underwater once again.  Patience is required here.  Each one of the stocks in the port is expecting a trigger-event that can propel the stock to the upside.  There is nothing to do but wait.

Since price ranges for the stocks in the port were not significant enough to change the current direction, there is no point of showing the charts.

$DMRC corrected the most today which practically gave back Friday gain.  Nevertheless, price is still trading above the 79 & 89 MA lines.

Due to $DMRC and $LRAD corrections, my port dropped $1.3% for the day.  YTD losses is now at 1.4%.

Current holdings:

LRAD, DMRC, CERS, AMRN, TINY (100% speculated/invested).

My 2 cents.



Categories: Daily trading Journal

Tags:

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: