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August 20 Activity Report

August 21, 2008
tags: , , , , , , , , , ,

Activity Report by Kathy P
August 20, 2008

Our expectancy so far is 71% losers, 29% winners, +10% per winners, – 9% per losers

Since we began our trading experiment out portfolio is down 17.1% while the SPX is down 14.1%
(1484.25- vs 1274.54)  We’re behind the S&P!

Current Group $SPX Posture:
NEUTRAL but intermediate green line on market forecast is out of the lower reversal zone and has gotten into the upper reversal zone.

Market forecast – Intermediate line is out of the upper reversal zone at 72.53 and headed down.  The momentum and the intermediate lines are coming out of the lower reversal zone. The sentiment line is flattened out, imperceptibly rising.

MACD and stochastics are heading down.  There are 2 red arrows but not one on the 30 day moving average. We have made a lower high and a lower low and broken the uptrend line ie the rising wedge is broken.

Portfolio $ Change Today  -$187

Portfolio Today $41,436 — minus 17.1% 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
111 FCN @ 74.05, stop loss 65.79
133 shares WAB @ 58.01, stop loss 51.56

Buy Orders Filled Today:
none
Stops Moved:
none

Stops Triggered – Closed Positions:
none

New Buy Orders Placed with Stop Loss:
none

Existing Unfilled Buy Orders:
none

Expired Buy Orders:
none

Notes/Comments:
FLIR is going sideways.

CMED went down a bit more.

PRXL gapped up on earnings and has pulled back into a flag or pennant – it is holding above S2.

ABT went down and bounced off the 30 day.

FCN is consolidating sideways.

WAB is going sideways.

SOHU made 3 greens today but it is sideways and didn’t have 150% volume spike.

FSLR made 3 greens today but it is sideways and didn’t have 150% volume spike.

BUCY made 3 greens today but it is down trending.

NOV close to making 3 greens

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