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.
Tuesday, October 26, 2010
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