February 10, 2009 | Posted by Jorge Sold SMN at $38.50 after a 10% move since Friday. Not a bad start to the year thusfar! I’m sure the markets could sink even further from here, but there’s no shame in taking profits. Not in this environment.
Categories: Index and ETFs, Portfolio Progress | 
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February 10, 2009 | Posted by Jorge Stopped out of UNG at 19.24 for a 5% gain. Markets are wonky as the new bailout plan was released. Looking to take profits on SMN and possibly XLU later today. Senate vote in about 5 minutes, or 12 EST.
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February 9, 2009 | Posted by Jorge You be the judge. Here’s an intraday chart of UNG. As posted earlier, I’m long UNG @ 18.24. So far the position’s been holding very well with the market whipsaws.
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February 9, 2009 | Posted by Jorge Long SMN @ 34.90
Short XLU @ 29.99
Markets are not appearing to enjoy the delay in the stimulus package. I don’t care for the fact that the markets are heavily news driven right now and as a result have kept my positions very small with stops very tight. Here are my stats for the year, thusfar.
| Statistics | |
| Stocks | |
| Number of Shares | 495 |
| Win / Loss % | 87.50% |
| Profit / Loss | $ 377.86 |
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January 29, 2009 | Posted by Jorge Sold half of my SRS position for a +5 gain. I will happily take a 10% gain without hesitation. 10% gains with 2% losses? I can still win with a 20% success ratio.
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