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August 14 Activity Report

August 14, 2008
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NJ Investools Paper Trading

Activity Report by Kathy P
August 14, 2008

Our expectancy so far is 68% losers, 32% winners, +10% per winners, – 8% per losers

Since we began our trading experiment out portfolio is down 12.4% while the SPX is down 12.9%
(1484.25- vs 1292.93)  The S&P pulls ahead!

Current Group $SPX Posture:
NEUTRAL-BEARISH  but intermediate green line on market forecast is out of the lower reversal zone and moving up pretty solidly.

Market forecast – Intermediate line is trending up and is at 82.54.  The near-term and momentum line are in the middle zone and headed up. The sentiment line is flattened out, imperceptibly rising.

MACD and stochastics are flattening.  Candles are above the 30 day moving average.  Higher highs, higher lows.

Portfolio $ Change Today  +$218

Portfolio Today $13,821 — minus 12.4% from $50,000

Current Positions, Cost Basis, and Stops:
230 FLIR @ 37.45, stop loss 34.99
141 CMED @ 46.05, stop loss 40.08
365 PRXL @ 28.13, stop loss 25.69
187 ABT @ 58.71, stop loss 53.99
204 HAS @ 40.80, STOP LOSS 36.24
111 FCN @ 74.05, stop loss 65.79
185 MPWR @ 27.91, stop loss 22.93

Buy Orders Filled Today:
none
Stops Moved:
none

Stops Triggered – Closed Positions:
nione

New Buy Orders Placed with Stop Loss:
none

Existing Unfilled Buy Orders:
none

Expired Buy Orders:
none

Notes/Comments:
FLIR has a fresh green on the MACD and the stochastics are headed up.  Price is under the 30 day.

CMED put in a piercing candle, closing up over the 30 day and is at a level of support.  Let’s see if it holds.

PRXL is going sideways.

ABT is consolidating sideways, still – went up a bit.

HAS opened down but buyers took it up, so may be coming out of a flag pattern.

FCN went a bit lower but put in a spinning top/doji.

MPWR – opened lower, sellers pushed it lower still, then buyers stepped in and it closed near the high.

BUCY has 3 greens but moving average is headed down.
FLS has 3 greens but the moving average is down to sideways and there is no volume spike of 150%.
WAB may have 3 greens tomorrow.

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