November 20th: Ed’s Daily Portfolio Summary   1 comment

BIDU: -4.36 to $158.76 ( -2.67% , 2.43% overall)– bought at $155.00
GNW: 0.07 to $14.84 ( 0.47% , 58.38% overall)– bought at $9.37
IAU: -0.28 to $12.09 ( -2.26% , -6.71% overall)– bought at $12.96
MSFT: 0.34 to $37.08 ( 0.93% , 10.85% overall)– bought at $33.45
NDZ: -0.03 to $8.28 ( -0.36% , -4.28% overall)– bought at $8.65
NNVC: -0.41 to $4.76 ( -7.93% , 87.40% overall)– bought at $2.54
PVCT: -0.02 to $0.83 ( -2.35% , -10.75% overall)– bought at $0.93
TC: -0.06 to $2.74 ( -2.14% , -12.46% overall)– bought at $3.13
YHOO: 0.99 to $35.62 ( 2.86% , 32.51% overall)– bought at $26.88

OVERALL: -0.62%

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Posted November 20, 2013 by edmcgon in Open Thread, Portfolio

One response to “November 20th: Ed’s Daily Portfolio Summary

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  1. Everything I’m reading shows one more rally. I’d expect a move into 1820’s, and maybe as early as completed by next week. The bullishness doesn’t seem to be pushing this market hard enough quick enough. Makes me think ending wave 5 followed by regular flat triangle. A Flat is a three-wave pattern labeled A-B-C that generally moves sideways. It is corrective, counter-trend and is a very common Elliott pattern. However a larger more knowledgeable Elliot wave traders feel we are in a ending diagonal so sell longs and use caution buying on the dips.
    I guess time will tell have time for one last upro and then I’ll trade spxu into Christmas.

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