Trading Plan For Nov. 4, 2010

After a joyful ride, I sold my MPI today, effectively breaking-up with Miss ELMA (Edc, Lpz, Mpi, Ali). I bought URC, RFM and AEV.

My newest girl is Miss LAURA E. (Lpz, Ali, Urc, Rfm, Aev, Edc). I hope that this girl will give me bountiful harvests in the days to come.

Tomorrow is Thursday, a possible profit-taking day. It  could be a bloody day. I am 30% cash at the moment which means that should there be bargain stocks, I am in the position to acquire some. I will be watching the following stocks: AGI, MPI, DMC and LND. I will be watching also Miss LAURA E. for possible more acquisitions (average down).

AGI is now showing a bearish pattern. After two long white candles, I predict it to go down tomorrow and Friday - for these are profit-taking days. I will gladly buy back my AGI position if such happens.