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September 2 Activity Report

September 2, 2008
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NJ Investools Paper Trading

Activity Report by Kathy P
September 2, 2008

Our expectancy so far is 69% losers, 31% winners, +9% per winners, – 9% per losers

Since we began our trading experiment out portfolio is down 18.1% while the SPX is down 13.9%
(1484.25- vs 1277.58)  We’re really behind the S&P!

Current Group $SPX Posture:
NEUTRAL

Market forecast – Intermediate line is out of the upper reversal zone at 66.53 and is pointing down.  The near term line is headed down.  The momentum line is in the lower reversal zone and headed up but isn’t out.  The sentiment line flattened a bit.

Portfolio $ Change Today is  PLUS $526

Portfolio Today $40,960 — minus 18.1% from $50,000

Current Positions, Cost Basis, and Stops:
365 PRXL @ 28.13, stop loss 25.69
187 ABT @ 58.71, stop loss 55.60
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:

PRXL is still consolidating sideways above the 30 day.

ABT gapped up and continued up quite a bit showing strength..

FCN is still going sideways.

WAB moved up three days in a row and made a second small pull-back.

MPWR has 3 greens but is sideways trending and the volume is not 150%

NO orders to place today.

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