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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (34090)4/11/2002 11:52:06 PM
From: isopatch  Respond to of 52237
 
Hi John. Lot of portfolio action the past 2 wks.

Am not a ST trader, so rare for me to go from 15 to 60% cash in such a short period of time. But almost 2 weeks ago decided it was time to start taking profits on a lot of energy positions purchased in late Feb (per posts on SD II) and a few since.

9 gains out of the 13 closed out positions. And the 2 largest gains were both considerably larger than the largest loss. 2002 is off to a good start. And looks like another will be called away on a profitable option write at expiration.

Wish my batting average was this high all the time. But as long as I'm right more often than wrong and cut those losers before they get too big, the portfolio will continue to grow.

Isopatch