ITA: 17 May 2012 | Wow, All Green

Wow, all green!

That’s a rebound if I ever witnessed one. It’s like feeling the rage of suppressed bulls getting their way out of the gates.

Market rose 3.14% today. That’s equivalent to 152 points! Wow. I suppose yesterday’s the bottom for our market as least short-term.

I added some positions in MPI. Stock was really strong steadily crawling its way up to 4.10 and eventually closing at 4.06. Looking for more positive movements from this tomorrow.

Position Ave. Entry Last % Change Days Held
MPI 3.93 4.06 3.31 1

SECB made a remarkable comeback today. From its yesterday’s close at 120.1, the stock rose to as much as 135 and eventually closed at 132 today. Good thing I stood by this one. I’m blessed. 🙂

Position Ave. Entry Last % Change Days Held
SECB 126 132 4.76 1

Reviewing the top losers the past 9 days, one of the stocks that haven’t made that big of a  move yet is MARC. This lost more than 17% the past 9 days and has come back gaining 3.7% today closing at 2.79. Volume is not that impressive though. Tomorrow will be the acid test for this. Looking to enter positions when present levels hold or go higher.

>> God is good all the time 🙂

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