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August 22 Activity Report

August 23, 2008
tags: , , , , , ,

Activity Report by Kathy P
August 22, 2008

Our expectancy so far is 73% losers, 27% winners, +11% per winners, – 8% per losers

Since we began our trading experiment out portfolio is down 17.3% while the SPX is down 12.9%
(1484.25- vs 1292.20)  We’re really behind the S&P!

Current Group $SPX Posture:
NEUTRAL

Market forecast – Intermediate line is out of the upper reversal zone at 68.78and headed down.  The momentum and the intermediate lines are both in the upper reversal zone, creating a weak bullish cluster  The sentiment line is flattened out, more clearly rising.

MACD is turned up a bit but not stochastics. S&P has made a lower low and could be making a second lower high.

Portfolio $ Change Today is  PLUS +$684

Portfolio Today $41,347 — minus 17.3% from $50,000

Current Positions, Cost Basis, and Stops:
230 FLIR @ 37.45, stop loss 35.89
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:
CMED at 40.08 for a loss of $439

New Buy Orders Placed with Stop Loss:
none

Existing Unfilled Buy Orders:
none

Expired Buy Orders:
none

Notes/Comments:
FLIR gapped up but then really went nowhere.  It made a spinning top near the lows of the day before.

CMED opened down, stopped out, then went up.  It stopped out by .04 points.  At least it wasn’t for the full alloted loss.

PRXL made a nice move up.

ABT went up a little.

FCN went up.

WAB moved a tiny bit up.

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