ss_blog_claim=bf53c2c2a6b5e4b759eb9b46babec032 Stephen the dog: Financial Friday #10

Monday, March 16, 2009

Financial Friday #10

This week has been a good one for me. I was able to use the BAC chart to make some good money. Monday BAC was sitting at the bottom of the channel so I bought at $3.22 at market open. This looked really good so I threw my whole $2162 at it. This was risky but it looked perfect so I bought my 675 shares and waited. Sure enough it rode the bottom of the channel for a while and then bounce off hitting the top of the channel at $5.85 on Wednesday. I figure it would bounce off the top so once I saw it start to climb I kept pushing up my stops. I finally had a stop trigger at $5.39. I was able to clear 1479 or 68% in profit on this one trade. This is record for me I am so excited. I realize I took a huge risk but it just looked perfect and I am very happy with how it turned out. The MilkBones are on me this weekend.

Current balance: $2840

Disclaimer: I am a dog. I am not responsible for any investment decisions you make. Come on if you are reading a dog’s ODD to get ideas for you portfolio you have issues. I do not recommend using any of the information to make any investment decisions. Basically I am not responsible for your money. Do what you want but I have no responsibility here. Come on I am a dog. I don’t think you can even sue a dog. The information provided on this site is not financial advice and I am not a financial professional. This is a journal that details my investments, strategy, and analysis for personal use. Feel free to read at your own risk


At March 16, 2009 at 11:57:00 AM EST , Anonymous Anonymous said...

Great job Stephen. I thought you were gonna break the $3,000 point, but you are close.


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