February 18, 2004

My Market Report

My portfolio was up about 2% today. However, I’m still only about 30% invested. Therefore, that means my total amount was up substantially less. I could cry over ELN with my buy order at $9.30 and being filled at $10.90, but that’s part of the game. It was up 34% for the day on almost 12 time’s normal volume. Even with getting in late, I’m still up over 8% on that stock. My other winners for the day were ADVP, up 4.5% and TIE, up 8.65%.

TIE is really going to town for me. I bought it on Feb 2nd and it now up 44%.

So far, I like my new strategy. My trades are of shorter duration, but I’m seeing smaller losses and taking profits more quickly. Last week I made more money that the market and when the market went down, I stayed even. We’ll see if that trend continues.

Posted by Ted at February 18, 2004 9:57 PM