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Saturday, June 18, 2011

Cleaning House

I moved to all cash in one of my accounts. I closed out my position in Brazil Energy (CPL) and started a position in Acme Packet (APKT) but closed out of it after taking a loss. Not sure if APKT ran its course and needed some consolidation to form a new base, but I was not going to hang around or double down to decrease my entry point. Sitting in all cash and looking for new movers headed into next week.

2 comments:

Jay Jay said...

First time on the blog. I'll keep reading. Jay

Justin said...

Thanks for your comment. Here's to better trading!