February 17, 2004

Market Results

The market was kind to me today. One of my ACH was up 10% and my TIE was up about 6.8%.

Two buy orders kicked in today, PETD at $24.15 and PLXT at 10.60. My overall portfolio was up about 3.8%. Unfortunately, since I’m only 28% invested, my total stash was up much less. In addition, even though my PLXT order kicked in, it couldn’t hold and I wound up with slightly over a 4% loss in that stock. I will put a stop in to get me out in case it drops lower.

I’m considering creating a new stock scan that would look just for quality stocks that are in an upward trend. It is slightly relieving when I am stopped out of a stock with a small profit. That means I’ve captured the profit and have less money at risk.

Posted by Ted at February 17, 2004 8:51 PM