May 22, 2008

Market Comments Submitted by Nick at Ambitions as a Stock Trader

By admin

Rating 3.00 out of 5

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Submitted by My Ambitions as a Trader and Investor

Sold!

Basically, today was another chance for me to liquidate the portfolios. The past few weeks have been hard and fast. It also went by fast. Still, despite not holding onto most of my positions for more than a month or two, I still feel that it was best to sell. The last thing I need is to see all of my hard work and gains evaporate in a day or two due to a hard selling market. Anyhow, I have sold off most of my positions except for a small handful. Some that I am still holding include AREX, TGH, MRB and a few others. I really wish I had more time to devote to the blog, but the past few days have been very hectic. I have been up since quarter to 7 this morning and I still have a ton of work to do just to prepare for tomorrow (its 2:30 am the next day). I will try and post all of my sells. This will include profits, losses and stocks that I am still holding onto. So yes, I am mostly in cash now. The returns were quite good. Hopefully I will have something to brag about by years end. Take care.

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