Friday, September 22, 2006

 

Weekly Summary: Trio-ing to make some money

Trio-Tech's 50 percent surge helped to keep me in the plus column for day. Although I sold half my position early in the day to lock in some gains, I am impressed by how well the stock was able to consolidate its gains and even make a new 52 week high towards the close. Thanks to TRT, ACSEF, CPAK, and a few other stocks in my portfolio, it turned out to be a good week, especially in relative terms. For the week, my portfolio gained $8,296 (1.1 percent), which compares favorably with the NASDAQ (down 0.7 percent), S&P 500 (down 0.4 percent), and the Russell 2000 (down 1.5 percent).

I also started a new position: EGR. With oil prices coming down, I think this energy retailer may stand to benefit. Also, Daniel Zeff, who happens to be one sagacious money manager, has been snapping up shares of this little company. If it's good enough for the Zeffy, it's good enough for me.

Comments:
how do you screen for finding your stocks ? do you not use charts at all ?

thanks

i am amazed you can sleep at night with a portfolio full of volatile low priced stocks that dont trade a lot. truly impressive results you've acheived w/ your style
 
how do you screen for finding your stocks ? do you not use charts at all ?

thanks

i am amazed you can sleep at night with a portfolio full of volatile low priced stocks that dont trade a lot. truly impressive results you've acheived w/ your style
 
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