Getting my feet under me

12/20/07

BDK – I’m long in this stock and expecting it to rebound. The past few days look as if it’s trying to figure itself out.

BG – Sold all at 120 for a profit of $12,000 minus fees.

KO – I’m long in this stock and it’s been hanging around the 30day moving average. I’m expecting it to set it’s current position as a new higher low, then push up to a new higher high. The moving averages are in a 1,2,3 setup and the stock is bullish.

MOS – Sold all @ 84.98 for a profit of $8,498 minus fees.These were my first trades. I just bought into them long, not knowing any better. After I set these trades I realized that I had bought some of these stocks on the bearish side of their mini cycles. Because they were bullish stocks (except for BDK) it would have been better for me to enter from a sell high, buy low standpoint.