Tuesday, November 20, 2007

Taking Partial Profits

I've spent most of my day off today managing my positions and doing some light reading.

I sold half my MA postition at $186.77 (entry at $181.04) and am holding the rest, wich is currently around $179--yikes!. I sold half of QLD at $102.06 (entry at $99.63) and half of XOM at $87.46 (entry at $84.20).

With this bounce play I was quick to take partial profits considering how shaky the atmosphere is right now. Stops for the remaining positions have been moved up from their original levels.

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