| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| GE | Diversified Industrials | 11.25% | n/a | 2 | 07-Oct-08 | Prior Holding |
07-Oct-08
10% Gain in a day when people panicked
Holding Rationale for GE.
This is feeling like a monthly posting but I assure you I’m getting back into it as I have finally started making trades again.
I just made 10% of $1000 in 1 day. (small position)
Bought GE yesterday morning at $20 sold at open today for $22.25.
After I bought it yesterday I went to class and never followed it. Today I just sold it. So in 5 min. work $100. The market is still not stable and won’t be for a while so I will make plays like this often.
Earnings for Q3 have started and Bank of America blew it. If more blow it then the market will be very volatile for a while. I love it. How have you done recently?
Below is the Profit triangle I drew around my GE purchase.

Good Luck and I hope to resume regular weekly (at least) postings.
Tagged Stocks: GE
Posted at 06:34 in Holding Rationales | Permalink | Comments () | Top
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1 Comments on "10% Gain in a day when people ..."
Posted on 07-Oct-08 15:45 by BlainR
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