Monday, January 17, 2011

Skeptical/Neutral

Sold AP today for coffee money. Still being shaky with AP because I only bought it impulsively. Still wait for it to form a higher trough.

Currently holding AGI, CYBR, MBT and NIKL. I also sold several shares of MBT at 65.20 today because it's being a laggard and to raise funds for a possible trade for this week.

I am pretty much disappointed with the recent movement MBT. Good thing I sold some MBT at break-even as it continued to fall intraday before closing at its low. Right now, NIKL and MBT are cancelling each other out in my port! :))

I am skeptical with AGI's closing today but I still don't have a signal for profit taking. ROC is still poiting towards further advance in the short term.

I am also skeptical with my position in CYBR as I don't know how to trade it properly but since it is now showing profits, I will simply hold on to it in the mean time.

I am still neutral with NIKL as it simply continues to move sideways. ROC is now pointing up so this could probably point out to further advances in the short term.

Still trying to learn how to trade using intraday charts. Currently studying 5 minute charts for timing/day trading(in the future).

So in conclusion, I am still skeptical to neutral with my current positions.

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