Q1 2007 Stock Purchases Update - Closed All Positions

This week the market got ugly and I got out. In addition, my stock picking system had sell signals for Biogen and Apple, leaving only Avnet and Coach as buys. I sold all of the positions I had purchased in the first quarter of 2007 for my personal account. Next week, I want to confirm the direction the market. I will be looking for the market to clearly reach a bottom and resume rising before making any new stock purchases.

Here's how my Q1 2007 purchases performed:

Stock (Sell Date)	Ticker	Shares	Purchase Price 1/22/07	Sell Price	Gain Loss	Percentage Gain/Loss
Avnet (2/27/07)	AVT	200	$26.115	$35.54	$1,885.66	36.1%
Coach (3/2/07)	COH	50	$44.01	$47.81	$190.50	8.6%
Biogen Idec (3/2/07)	BIIB	50	$51.14	$44.35	$339.47	13.3%
Genlyte (3/2/07)	GLYT	50	$76.5	$69.93	$328.47	8.6%

The overall gain is $1,407.75 and return of 10.2% on a total investment of $13,805.50, excluding commissions. Long term, I am still bullish as I think corporate earnings will continue to be strong this quarter. At this time, I believe the market may have a correction that could last a couple months. Therefore, I have sold all of my Q1 stock purchases, plus Apple, which I had owned since 2006.

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This is not financial advice. Please consult a professional advisor.

Copyright © 2007 Achievement Catalyst, LLC