OHIE 5 – So Far, So Good....

Jmarps

Shared on Wed, 06/20/2007 - 08:07

Well, CROX rebounded yesterday and was up 2.39% from Monday's close, closing at 45.39. I bought the exrtra shares at 44.50, so that gave me a flat 2% gain on my buy. If I can catch another percent and a half I may sell the shares and then wait for weakness again in either CROX or APPL. This is called "trading around a core position." What you do is buy some shares when the stock shows weakness and then sell those same shares when the stock goes up. All the while you leave your "Core Position" in the stock alone so that as the stock goes up you are catching those gains on the longer term.

Meanwhile, APPL gave back a few of the points it gained off of the enhanced battery life news.

Finalayy, some good news out of DELPHI...apparently they are very close to a deal with the UAW...that's very good news. Wish I owned more of this little guy right now...

So, unrealized gains as of today are:

CROX -- 12.13%

AAPL -- 7.28 %

DPHIQ -- 11.06 %

 


 

Post Script -- If a blogger writes in the woods and nobody reads it, is it actually a blog?


Quick update as of 11:58 AM....I got the bump I wanted in CROX.  The stock is up 3.5% as I write this and has been as high as 4%.  I put a limit order in earlier today at 46.70 that triggered giving me a 5% gain on the money I invested yesterday...nice little pop, left a little money on the table, but I left my crystal ball at home today.....now I just need weakness in CROX or APPL tomorrow....Man this stock is a beast.  There was no news pushing this run, just the fundamentals of a great company....

Comments

MutusLetum's picture
Submitted by MutusLetum on Wed, 06/20/2007 - 09:03
I'm reading, I'm reading! I actually went to B&N yesterday on my lunch hour and thumbed through The complete idiot's guide to investing. You're inspiring me. Also, Wired seems to like the new OS: http://www.wired.com/software/softwarereviews/news/2007/06/leopard_review
Jmarps's picture
Submitted by Jmarps on Wed, 06/20/2007 - 09:08
Thank God for Mutus!

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