Username Password
About People & Picks | Help | Sign up
Home My P&P People Picks Tops Blogs Groups
S&P 500: 1,317.11 Change: -0.21%
rjm77me
rjm77me vip
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : STE = cyclic stock price

Date January 13, 2012  Edited: January 30, 2012    Comments Comments (8)    Rate this post Recommend This Post (42)   
Bookmark and Share
Abuse this post  Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Share ThisShare This

STE has traded below or about $28 price 4 times and normally has shown price rise to $30 give or take 15 cents 


It means one could have made about $2 times 4 = $8 in last 4 months using the mechnical trading using the above approah.(this is 25% return in 4 months)


Will it hold true nexy=time or this time - stock did dip below $28 this morning.


Disclosure - i did buy at market open at 27.723 in 401K account


I had bought NLY on Jan 5 for 15.96 and decided to sell at 16.42 and put the money to work for STE - 2.3% return on NLY in 8 calendar days is OK by me.


I will still be buyer of NLY on pull back - doing in 401 k avoids the short term tax issues

Tags : COST   SLV   NLY   STE  

8 Comment(s):

Author rjm77me     Date January 13, 2012 18:18 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Next earnings release: Feb 8 before market, unconfirmed- estimate: 0.60

Author rjm77me     Date January 13, 2012 18:40 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
update on bearish blog for TSLA
http://www.peopleandpicks.com/blog/rjm77me/3720766/rjm77me-01132012/#3744282
Author rjm77me     Date January 17, 2012 10:17 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
STE UP ANOTHER 40 CENTS THIS MORNING
Author rjm77me     Date January 17, 2012 14:20 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
COST options ofer decent risk reward
Author rjm77me     Date January 17, 2012 17:45 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
STJ adding to buy
Author rjm77me     Date January 18, 2012 10:42 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
STE AGAIN UP THIS MORNING - NOT BAD
Author rjm77me     Date January 20, 2012 18:27  Edited: January 20, 2012 by rjm77me Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
STE made a decent gain and closed 5.3% up for the week. Getting the money out of NLY was the right way to trade
NLY gained only 14 cents for the week
Money from STE will be used for buying NLY again
Author rjm77me     Date January 29, 2012 15:06 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
safe 7% return in 10 days
Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.
Sponsored Links
©2008-2012 PeopleAndPicks.com | Terms of Use