Stock Update - 04/29/09

Wednesday, April 29, 2009 Leave a Comment

My stock pick, BEHL, boomed yesterday, and I expect some recovery today. A 1000% profit. It had a long candle and a major sell off. This is a perfect example - when buy pressure is happening at the opening bell, you must sell by 10:00am, or you risk losing tons of profit. I was able to sell half my shares of BEHL, and diversified my account.

I am now in BEHL, BWNR, AMNE, and LGTT.

LGTT is struggling, but should recover this week. BWNR and AMNE is just a matter of time before a pop. If they continue south, we'll exit quickly. I've come to far to go back. BEHL will be a hold today, and we'll see what happens. Someone issued a market order, which is the cause for the long candle. Not to worry. If it breaks .004, then it will be time to exit.

And by the way, the account is up 641% since mid March.

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