Dow Gambit Update: Closed due to the turnips issuing a "to the hills call"
DOW GAMBIT (end of year run for the "mini gambit") summary:
AA enter at $22.40 or less, SL $21.89 target $25.75------ Cancel
XOM enter under $34.50, SL $33.75 target $37.50----- Cancel
IBM enter under $80, SL $76.5 target $93.---- In at $79.82. Stopped out at $76.34 a loss of $3.48 or
4.3%.
IP enter under $35.5, SL $33.75 target $39.------ In at $35.50. Out at $36.25 for $.75 or 2.1% gain
INTC enter under $18, SL $17.15 target $21.25-------- In at $17.97 stopped out at $17.10 a loss of
$.87 (4.84%)
MSFT enter under $53.75, SL $50.90 target $59.75.-------- In at $53.70 out at $55.04 for $1.34 gain (2.5%)
EK Enter under $37, SL $35.5 target $41.------- In at $36.80. Stopped at $35.09 for $1.71 loss or
4.6%.
JNJ Entered at $53.50. SL $50.95. Out at $57.37 for $3.87 (7.2%).
The total gambit (weighed by dollar amounts) lost this time 1.9%. Not very good, will try and do better next time...
Just got back in AMGN here $50.27, too much cash and AMGN really no giving ground here.