Friday, June 10, 2011

Bollinger Band Bullish Breakout--Weekly Assessment 2

It's been a rough overall week for the BB Bullish Breakout strategy.
Just look at the carnage!

Unsettled positions from last week

Stock
Purchase Price
Stop Limit
Price Target
Selling Price
% Gain/Loss
IACI
36.80
35.45
39.50
35.45
-3.67%


Picks from 6.6.2011


Stock
Purchase Price
Stop Limit
Price Target
Selling Price
% Gain/Loss
QTM
3.30
2.31
3.52


AGEN
1.00
0.94
1.07
0.94
-6.00%
OCN
12.40
12.02
13.25
12.02
-3.06%
FXE
145.00
142
150


SM
69.50
67.41
74
67.41
-3.00%

(Gray shade indicates a week’s closing price below the purchase price but above the stop limit price.)
Picks from 6.7.2011

Stock
Purchase Price
Stop Limit
Price Target
Selling Price
% Gain/Loss
SQNM
8.50
8.15
9.00
8.15
-4.12%
EDD
17.60
16.20
18.20

DOG
41.50
40.44
43.50
41.70


(Light green shade indicates a week’s closing price above the purchase price but below the price target.)
Picks from 6.8.2011

Stock
Purchase Price
Stop Limit
Price Target
Selling Price
% Gain/Loss
DLR
63
61.10
66.00



Picks from 6.10.2011

Stock
Purchase Price
Stop Limit
Price Target
Selling Price
% Gain/Loss
CPBK
3.40
3.10
3.70

CALP
7.50
7.27
8.20
7.27
-3.06%


And with all that reported, it is with a heavy heart that I temporarily put this strategy on the shelf and devote all my attention to the Bollinger Band Uptrend Dip--a strategy with a wee bit more promise.

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