Fantasy Portfolio – June 5
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This week, I decided to take some gains from AAPL’s big rally and also from PEP coming through with some huge gains. It is difficult for me to judge whether I want to take some gains when a stock I bought has a run of 10% or 20% because of all the volatility in the market. I want to lock in my gains while I still can. It seems like all of the big money managers are doing that, so I might as well play that way too. That’s the way I played it when I bought AAPL.
It turns out that buying AAPL on May 13 on the pullback it saw was a great play. I locked in a 16% gain, which is more than I usually log, but less than what I would like to get. That’s the way you have to play it in bull markets. The markets might go higher and higher, but you can’t chase the gains hoping the bulls will continue to run. That kind of thinking will get the rug pulled right out from underneath you more often than you could imagine.
Play it safe and take a little off the table when you’re running with the bulls. Don’t get greedy, or you could get trampled.
Dow Jones at Year Start- $9,034.69
Dow Jones at End of Week – $8,763.13
Dow Jones Point Gain – (-$271.56)
Dow Jones Percent Gain – (-3.01%)
Portfolio at Year Start – $104,435.54
Portfolio at Week End – $115,514.02
Portfolio Total Gain – +$11,078.48
Portfolio Percent Gain – +10.61%
Symbol – Shares – Last Price – Purchase Price
MCD —– 50 —– $59.87—– $54.47
BP ——– 155 —— $50.36 —– $39.99
HD —– 250 ——- $24.17—– $22.95
KMP —- 100 —— $53.10 —– $46.92
MO —— 525 —— $17.03—– $15.75
T ——– 300 —— $24.56 —— $25.82
NAT —- 150—— $32.83 —— $29.16
CAT —- 100 ——- $38.47 —– $26.36
AEM — 100 ——- $57.36 —— $45.53
PEP —- 100 ——–$54.88 —— $49.45
JPM —- 100 ——- $34.55 —— $33.99
AAPL — 25 ——- $144.67 —– $120.96
Transactions for the Week
6/2 Sell 100 Shares of PEP at $55.27
6/2 Sell 25 Shares of AAPL at $140.71
Dividends Paid
6/3 $45 from 100 Shares of PEP at $0.45 per Share
6/4 $25 from 50 Shares of MCD at $0.50 per Share
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How I Make $300 a Day Posting Links Online said:
Cool post, just subscribed.
June 30th, 2009 at 4:38 pm
