The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Friday, June 29, 2007

Pre-Holiday Whiplash

Traders are rubbing their necks in pain as the DJIA took wild swings in both directions. Different catalysts and factors such as rising oil prices, BSC woes, and pre-holiday selling pressure worked its negative force on the market dragging it lower. Still, by the end, the selling pressure eased and the situation didn't turn out as bad as it could have. Most of the new picks turned out fine and most of the add on's faired well.

Trade Journal...

New Buys: PENX, RBN, MFRI, TRNS, RRST, IRIS, YDNT

Add ons: SVLF, PHC, SXCI, PSMT

What didn't fair as well: SMTX, PED, YDNT

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