Monday, September 21, 2009

Day summary

It was a quiet day as expected. Only one trade. We added CMZ about 1/3 of a position with $1.22 entry. CMZ chart still looks good as it was when we initiated CMZ holding last week and sold 1/2 for a little scalp at $1.36. Nothing else was too attractive today to add. We finished green and outperformed most indices which is very good. Even 41% drop in DPTR that still has a large weight in our portfolio didn't spoil it. 2/3 of DPTR are sold for a nice profit and we can keep the rest of this high quality penny play.
 
Basically at this point our strategy in green days to increase a positive gap between us and the overall market and during red days to be better than the overall market. With pullbacks like we had today it is very possible.

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