Thursday, March 30, 2006

almost forgot

I also bought CTRN today with my izone acct. Once I get out of JOYG and
ASVI, I will stop using my IRA acct for trading and just buy mutual
funds or ETFs with it and do all my trading in izone.

Anyway, CTRN bounced off 36 last week, climbed to 42 and fell again
Tuesday. I bought it at $39.19 on a slightly up day. Plan is to buy
more if it climbs 3%, then again if it climbs a further 3%.

Current holdings:
JOYG
ASVI
ABAX
CTRN

Tempted by:
CMED
NWRE

still in it

Haven't posted in a while. I'm still in ASVI and JOYG. ASVI has come
all the way back up and finally today passed the 34.11 mark. JOYG
closed at 60, not too bad.

Also had VIMC for a while there. Bought it at $18.75, watched it go all
the way up to 20.99 (while I wasn't looking), stared at it a long time
while it was at 20, and watched it fall again. Put in a stop at 18.50
before open today and it sold.

Another new acquisition was ABAX a week ago. Bought it with a lowball
limit order at $23.50. It was up to 25 at one point, but is now at
23.68. This is one I might hold for a while. I heard about it at the
dfwcanslim meeting a month ago, and it has since shot to the top 10.
Also, I have a trailing stop on it, now that I have an izone acct and
can do that.

Saturday, March 18, 2006

joyg back in black

Of course, as soon as I bought JOYG, it dipped. For a while. Seriously. I'm sure by the IBD standard, I should have dropped it, but I held on. Friday it finally recovered above the $57.90 I paid for it to close at $58.67. I don't think it ever fell below it's 50 day moving average.

Now if only ASVI would quit hovering around $30 and get back above $34.

Monday, March 06, 2006

lookin' good so far

JOYG is 2nd on IBD's Top 100 this weekend. It's also at a buy point, according to them. I thought I probably bought too high, so this is good news.

Friday, March 03, 2006

bought JOYG on a dip

After JOYG rocketed up $8 on Wed, I put in a buy order Thurs morning. I was going to do a market order, but woke up late and sat around watching it rise and fall for a while. While it was in the 58s, I set a limit order for $57.90. That executed an hour or so later. It closed at $58.12 on the day.

I'm not sure this is a good time to be buying, and was hesitant to buy this stock after it went up so much yesterday. "Surely it will go down after that," keeps popping into my head, but that's emotion and I have to block that out. One of the thing IBD says is a mistake people make is being afraid to buy at a new high.

So here goes.