Wednesday, December 23, 2009

Recent Trades

This is a brief message so I'm gonna keep this short, but in case you aren't following the facebook group or are out of the loop - a recent trade I made today and a little analysis on it:

(CLICK TO ENLARGE)





Basically it's DOW - and I bought 300 shares @ 26.89 on the 22nd - held it overnight at the pivot and boom, at the end of today it closes @ 27.85. Profit of $288.00 total so far - however, my price target is 30, with possibly a target of 33, just going to watch the stochastics and even after today the stock still looks relatively underbought at just over 60 on the stochastics. I think it could reach 30 a share by 80 easily.

If you have no idea what I'm talking about but wanna learn how to do what KM does - join the facebook group for daily activity and updates. I'm thinking about making another blog related to trading the market only but - we'll see. For now its just the facebook group, my team is suiting up for the summer and the year after - all ready for 2010, already have leaders in a lot of positions and a large budget to back it up - the year is looking good.

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