"An expert is a man who has made all the mistakes which can be made, in a narrow field."

- Niels Henrik David Bohr

Wednesday, February 17, 2010

End of day journal (2-17-2010)

 
 
 

Comments:

Another slow day. I missed the high on SORL - not that I was trying to hit it, but My sell was $0.03 over and it is kind of disappointing to see it then close lower for the day. I think I may check percentage rather than absolute value to see how it fits against a distribution.
ICXT appeared on the screener early in the day, but as per the plan, I did not buy until end of day. I had a couple of additional options, but 2 were on extremely low volumes (2-3k), and one was on a daily spike in volume at ~180k, with the days prior at ~15k. I just didn't feel like taking the chance.
Interstingly enough, both of the purchases I passed on yesterday finished higher, one comfortably hitting the $0.20 sell point. This had me second guessing, and almost determined to buy all screener stocks from now on, but I talked myself out of it. Nothing worse then sitting on and trying to get out of a low liquidity position.

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