skr

Post FED cutting changes

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Let me start with this.

Blogging have never been a part of my trading. Now I am kind of juggling with words to really explain why I am am buying or selling stocks. I started in marketocracy on 29th July and I am kind of proud as today I am at 5th position.

Overall when I trade I usually try to pick the company with good fundamentals but unfortunately on today's market it is the momentum and volatility whcih is playing a great part and the market is running tick by tick based on each and every news.

So I am going to play along with it and will take some of my profits off from my fund as most of my pick have already given a good run.

I am going to SELL
DRYS with a 24% gain since inception into this fund. I dont think it is going to run any further as the oil is all time high and even though this sector is hot, high oil price is going to bite into their profits.

BIDU with at 28% gain. I love this stock but it has already given us it run. It is at all time high and in past 2 week it has gone almost 80 dollars up. It will be foolish not to take profit out now. I still has potential to go up but I want to wait until its earning to buy again. I will replace this with GOOG just because I see a more room in there for growth. I will come with more detail when I purchase GOOG

CROX, ISRG, EXPD and COF within a range of 0,5% loss to 1% gain. I was down on these picks and the FED cut has boosted these up and has given me an oppotunity to exit with almost no loss or gain.
I still like CROX and ISRG and would wait for a pull back before buying agian. CROX new products has not gained much popularity and it is hurting them. As for ISRG I still have a very positive out look. This is a long term play secondary to baby boomers.

I will be buying steel and oil stock into my funds as the sector see hot and getting hotter. Morevover china's growth is going to push steels stocks way up.

trade safe