February 23, 2004

My Market Report

It was another tough day in the market. As near as I can tell, I think I broke even today. I got stopped out of my ADVP at $67.66 giving me a just under a 14% profit on that trade.

My buy orders kicked in on DHOM, ESMC, and QCOM. My order on QCOM was at $60.15, but the stock opened at $63 and change. That leaves me down a little over 1% on that trade.

You may remember ESMC as I got stopped out on this one a few days ago. I looked at a 30-minute intraday chart, thought I saw another buy point. Well that shrew move puts me down almost 3% on that trade.

I’ll be going through my current holdings and put stops to protect the downside. This market does not look happy. That’s just as well, as I will be out of town for a few days and won’t be able to follow my trades as closely as I need to.

Posted by Ted at February 23, 2004 7:46 PM