The basis for choosing these stocks comes from three stock picking systems, of which the first two I have been using regularly:
Here are the results as of Friday, January 25, 2008 for these new purchases:
January, 2008 Purchases
|Stock [purchase date]||Shares||Purchase Price|
Current Price 1/25/08
|Apple (AAPL) [1/17/08]||25|
|Research in Motion (RIMM) [1/17/08]||25|
|Intuitive Surgical (ISRG) [1/18/08]||20|
|Priceline (PCLN) [1/18/08]||25|
|Core Labs (CLB) [1/25/08]||25|
|Google (GOOG) [1/25/08]||20|
The results have been mixed so far. This portfolio is down $679 for a loss of 2.4% due primarily to the declines of Apple and Google. The market action of this week will prove whether I bought these stocks too early, or if I anticipated a short term bottom correctly. If the market declines further, I plan to hold on to these positions. If the market rallies significantly, I may take some profit as the rally appears to weaken.
For more on New Beginnings, check back every Sunday for a new segment.
This is not financial or stock investment advice. Please consult a professional advisor.
Copyright © 2008 Achievement Catalyst, LLC