Thursday, February 01, 2007

January 2007 Recap

At the close of this month I am down 25.5R, which is an improvement of 1.5R since the end of December.  And it's a 2.5R improvement from my low of the month, so I'm pleased.

Closed 3 positions:
TMO +1.2R on 20% gain.  That was the peak and it has drifted lower since.
GRRF -2.4R this was a big buy (more than 1R at risk) and it went against me.  I also let it go through my 7-8% loss limit on some of the shares.  But it is still lower, so it was right to close it out.
KPN -0.4R failed to breakout.

Opened 4 longs: CBG, KPN, PAY, and SYX

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