bot YGE@5.5, TSL@13, FSLR@88 today,
Now holding, each purchase 2% of portfolio:
FSLR @ $105, 100, 95, 88; orders to buy @ 81
TSL @ $14, 13; orders to buy @ 12,11,10
YGE @ $5.5, 5.3; orders to buy @ 5.0, 4.6
JKS @ $16, 16, 14; orders to buy @ 12, 10
WM @ $31; orders to buy @ 28
XOM @ $70
RDSB @ $62
YGE had, by far, the best 2Q11 report, which is why I am willing to add more at a price slightly higher than my first buy. I had been buying FSLR every $5, but it is weaker than I expected (relative to the other 3 in my Buy List), and I have too much of it, so I have increased the spacing, to every $7 further decline in price.
At this point, I don't care whether the market goes up or down. If it goes down, I'm happy to buy more at prices which, 2 to 5 years from now, are going to look absurdly undervalued. If it goes up, I'll sell my highest-cost shares, which lowers my cost basis. And then wait for whatever happens next. Volatility, Mr. Market's violent mood swings, are good for me, and I use them to my benefit.
All purchases made beginning 8/8/11. The last 3, are in my Dividend Portfolio, which I intend eventually to be half my total stock holdings. They are (probably) LT holdings. The solars are in my Growth Portfolio, which I will actively trade, attempting to achieve an average cost basis in the vicinity of where the stocks trough. |
