Tuesday, October 30, 2007

ACTU IS UPGRADED TO MARKET OUTPERFORM

ACTU has broken out this morning and is currently up 13% based upon the fact that is was upgraded to market outperform. When I made the suggestion to buy this stock, I said that it was risky to buy stocks priced under $20. Well this one paid off. It could turn out to be like BOOM three years ago where I garnered 400% within a year. Can I do it again? We will just have to see.

PDE still is sitting just below a buy point so I will keep my eye on this one.

As far as the negative trades, GPOR turned the opposite direction yesterday after buying it and is currently down 6% from where I bought it. If it breaks down and I lose 10%, I'm out. See, I don't win on every trade.

If you are following forex, both the GBP/USD and the NZD/USD are both doing well and have continued their positive upward movement.

Here is a picture of the model portfolio that I am using as my performance standard. In June, 2007 it had $20,000 in it and currently sits at $46,383.

Good luck trading.
JD

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