System produced good profits today on VLO but some of the recent entries are in the red. I have been following my rules very religiously. I was missing on the volume requirement, which has to be traded above 200k shares. I’m also considering the % of today’s volume compared to volume average (3months).
Closed Positions - VLO +5.4%, EXPO +1.2%
| (VLO) VALERO ENERGY ORD SHS |
|
| Entry Date |
9-May-08 |
| Exit Date |
14-May-08 |
| Price |
$44.77 |
| Price |
$47.30 |
| Initial Stop |
$40.29 |
| Gain % |
5.4% |
| Risk $ per Share |
$4.58 |
| # Days |
5 |
| Risk % Cost |
10.2% |
|
|
| Risk % Capital |
0.9% |
|
|
| Price Target |
$44.32 |
|
|
| Expected % |
-1.0% |
|
|
| Risk x Reward |
- 0.1 |
|
|
| (EXPO) EXPONENT INC |
|
|
| Entry Date |
8-May-08 |
| Exit Date |
13-May-08 |
| Price |
$31.47 |
| Price |
$31.91 |
| Initial Stop |
$28.32 |
| Gain % |
1.2% |
| Risk $ per Share |
$3.22 |
| # Days |
5 |
| Risk % Cost |
10.2% |
|
|
| Risk % Capital |
1.0% |
|
|
| Price Target |
$31.15 |
|
|
| Expected % |
-1.0% |
|
|
| Risk x Reward |
- 0.1 |
|
|
New Positions
| Long Entry |
OMG |
(OMG) OM GROUP INC |
|
|
|
| Entry Price |
14-May-08 |
Industry: Specialty Chemicals |
|
|
| Price |
$46.08 |
OM Group, Inc. is a diversified global developer, producer and marketer of specialty chemicals and advanced materials that are essential to complex chemical and industrial processes. The Company is the refiner of cobalt and producer of cobalt-based specialty products, and the producer of electroless nickel plating chemistry for memory disk applications. The Company is organized in to two segments: Specialty Chemicals and Advanced Materials. The S…read more on Y! Finance |
| Initial Stop |
$41.47 |
| Risk $ per Share |
$4.68 |
| Risk % Cost |
10.1% |
| Risk % Capital |
1.4% |
| Price Target |
$45.62 |
| Expected % |
-1.0% |
| Risk x Reward |
- 0.1 |
| Long Entry |
PDX |
(PDX) PEDIATRIX MEDICAL GROUP INC |
|
| Entry Price |
14-May-08 |
Industry: Health Services |
|
|
| Price |
$56.81 |
Pediatrix Medical Group, Inc. (Pediatrix) is a healthcare services company that focuses on physician services for newborn, maternal-fetal, pediatric subspecialty and anesthesia care. During the year ended December 31, 2007, the Company’s network was composed of approximately 1,072 affiliated physicians, including 788 neonatal physician specialists who provide clinical care in 32 states and Puerto Rico, primarily within hospital-based neonatal int…read more on Y! Finance |
| Initial Stop |
$51.13 |
| Risk $ per Share |
$5.78 |
| Risk % Cost |
10.1% |
| Risk % Capital |
1.2% |
| Price Target |
$56.24 |
| Expected % |
-1.0% |
| Risk x Reward |
- 0.1 |
Open Positions
PAC -3.44%, SONC -1.16%, BAM -6.79%, CBEY +2.25%
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