Trade Journal (September 21, 2007)
New Buys: ASTI (finally decided to rebuy. So far so good), HSVLY, INXI (finally rebought...so far so good)
Added To: AEY, APPY, ARTW, BKR, BW, EHTH, SGU, SLI, TOD
Will add to Next Week: YGE
Sell-Profit: MHJ (some of my position for an 18%+ return), SIMC (some of my position for a 65%+ return)
Sell -Loss: SILC (some of my position for a 8.7% loss)
Thinking of Selling: SNCR
Still Not Touching: JRJC (give me a nice pullback first)
posted by Nick M. @ 8:22 PM
3 Comments:
nICK,
wht u think of PSPFX
and OIH
First of all, what is your time frame? Long term investment or shorter term, like a trade? As trades, both PSPFX and OIH will deliver lackluster returns. As an investment, they may give you more in the long run.
PSPFX- a good mutual fund that has had quite a 5 year run. It has been consolidating quite a bit since 2006. In order for it to head higher, it has to show strength and support around the 19 level. Look for it to clear 19 first.
I generally do not mess with ETF's but OIH seems decent especially with the recent high prices of oil. Personally, I wouldn't buy PSPFX or OIH.
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