November 2, 2010

My Trading Plan for Nov. 3, 2010

I was not able to monitor the market today because of a certain corporate activity.

Despite that, I had a considerable gain because of the performance of Miss ELMA (EDC-did not move actually, LPZ, MPI and ALI). As earlier posted, I made a timing mistake parting with my AGI, albeit temporarily as the fund for it is now in transition to another COL account (3 days in-transit). Otherwise, I should have earned a much higher gain today.

For tomorrow, because of the doji that was formed today for EDC, I will hold it but will closely monitor the market for a possible sell-EDC-buy-another-stock swing (maybe for AGI or AEV).

I will be watching URC for a possible quick in-and-out.

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