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Strategies & Market Trends : gary smith shorts and longs -- Ignore unavailable to you. Want to Upgrade?


To: Fortinwit who wrote (317)1/30/1999 7:14:00 PM
From: drsvelte  Read Replies (1) | Respond to of 430
 
F. & Thread:

For trades opened and closed in January. 15 total trades -- 11 winners and 4 losers. All from the long side. Average monthly return on invested capital 4.51%.

I might have done better, except I freaked on 1/13 when the futures closed lock limit down. I sold three of my losers that day, all which recovered to positive ground the next day. My best trade was on SCUR which contributed about 1/3 of my net profit.

I currently have 9 trades open, with two stinking up the place. SDTI missed earnings Thursday pm and gapped down 5 points -- so I am an investor here for awhile!

I'll post some picks tomorrow.