EQUITYOPPORTUNITY

Tuesday, July 20, 2010

A mixed day on the stockmarket...

What seemed to be a promising day turned out to be a bummer: profit-taking kept the market gains disappointing for most stocks.


Which induced me to take profit on some stocks while cutting loss on some others just in case capital preservation turns out to be a smart move.

The bright spot was that I managed to sell a stock for about $280 in profits, five dollars more than the dividend I would have received had I held it for another week or so.


All in all, about $12 425 of net sales proceeds will be realised to pay for stocks that I now regret buying today and yesterday.

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