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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (11828)	10/22/2008 3:19:16 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 13403

OT: trading strategy: Earlier this month, I had thought, as soon as the sharp spike down ended, we'd get a symetric spike up. That isn't happening. All the government's financial manipulations haven't impressed investors. So, I will be changing my strategy. Every strong up day (+3% SPX), I will sell a bit of whatever I have too much of, or whatever has gone up the most. On strong down days (-3% SPX), I'll buy a bit of something on my buy-list. So, for instance, today I bought a bit of PFE at $17.03. My other shares were bought at $18.20. If tomorrow is a strong up day, I may sell a bit of PFE. In this way, I hope to gradually decrease my average cost. This trading will not change my basic stance of remaining fully invested as long as the SOX is below 340 and SPX below 1200. The market seems to be flat, for most of most days, with all the movement in the first and last hours, or in intra-day gaps up and down. So, I may just stop watching the market, except for the last hour. I might not post every trade, but I will post when I change this trading strategy.