Continued Gains

We're still on the way up. I sold a couple more shares of DD. Funny thing was, yesterday I started looking at the accounts fairly early. There was not a sell signal yet. A half-hour later, DD jumped some more and it put the account over the threshold. Very unusual to have two months in a row that you are doing transactions. It shows the market is really in the middle of an upswing.
I look at the kid's accounts over the weekend, because they are in mutual funds, and I know they aren't going to change before the end of Monday. I don't know how I ended up doing the 4th Monday of the month, but that's the day I use for all the accounts. Just makes it easier that way. I'll really get screwed up if I start creating multiple days to do trades on.
One thing that feels pretty good is that all of the stocks in my IRA are actually up right now. Not the case with Cathy's, but it's going to take some work to get hers back on the up side. That account was started at a pretty high place in the market. Especially in the case of HPQ. That sucker was down over 15 bucks at one point. It's almost back within 10 now, but it will probably be awhile before we see that one on the plus side.
I'm starting to wonder if the stocks in Cathy's account are volatile enough, as a group, to work for this method. We went through a pretty rough period since I started that group and still never bought anything. I guess that could be looked upon as a sign of stability, which you need with AIM. There will always be times with any given group of 5 stocks, where one or two of them either takes a huge dive or just starts climbing to the stars. It's the one thing you can count on with stocks: volatility.

Market Moving Again

Wow - I guess I've been a little preoccupied with other activities. Finally something happens in the market, I actually do a trade in one of my accounts, and I don't even post until halfway through the next month! The Dow just broke over 11,000and last month my IRA account went from seeming far away from any trade to DD breaking way out and pulling the whole account to a point of needing to shed some stock. Even Cathy's account is showing some life. It is no longer close to a buy signal. Now IT's more in the middle of the range, like mine was last month.
DD is still moving - it's over 46 now (that's over double what I paid for it last year!) It's the main reason my account went way into the sell signal on the Market Order part of the AIM formula, so I sold 5 shares of it. The market hasn't shown any sign of tiredness since, though. Like I said, in the last couple days it crossed the 11,000 point and is continuing today.
Maybe I got lulled a little because the market hasn't been moving in large chunks. Just mostly 40-60 points a day, and an occasional 100+ day. Sure there are down days, but they have been pretty few and far between in the last few weeks. As we know with everything, nothing goes straight in one direction forever. I've been using that rule to trade some of my Volatile Stocks Options, which I report on in my other blog. I found that every time anything moves in one direction for too long, it creates a kind of bubble, and has to correct itself. I guess it's just human nature. After all, humans ARE at the bottom of all this, right?
That reminds me - I went against my rule of not touching the cash part of your account. I used it for some of the option trades I was doing. I guess it's ok if you can win enough to make your balance go up, and if you don't, you can reimburse yourself. Otherwise, bad idea. I'm down in my cash now from doing that, and I am in the process of reimbursing myself. I won't do it anymore until I am caught up. Just have to use self-discipline. Sometimes I'm bad about that. Shame on me.
Well, I guess it's only a couple weeks until the next check-point. I'll try to not be tardy this time.