On Monday’s open, the system will be closing three existing positions, and opening three new positions.
athenahealth, Inc [[ATHN]] , Target Corporation [[TGT]] , and Patterson-UTI Energy, Inc. [[PTEN]] will be sold for gains.
To replace these three positions, the system will be purchasing Terremark Worldwide, Inc. [[TMRK]] , [[PLX]] , and Invacare Corporation [[IVC]] .
Check this update to view the dates of purchase for ATHN, TGT, and PTEN.
Hi Wood,
I hope you had a great vacation!
I seem to have found myself with 11 positions – is that right?
I’ve followed all your trades exactly, and I just went back to all your old posts to confirm that I bought when you did and didn’t sell unless you posted such.
I’m currently holding:
AHL
ATMI
BEZ
HSY
INTC
IVC
PLX
SWHC
TMRK
VVC
ZBRA
Thanks!
Mike, you shouldn’t have 11, but I believe it is a result of Brandon taking over for a week. We run the same systems but he stepped into the middle of a rotation in the model portfolio and it is likely there was some overlap/error. Depending on when he and I started trading the system, we may both have a few different positions at anyone time. This should be no big deal as each Power Dip should be approximately equal in terms of its edge/chance of success.
BEZ should have been sold last week, but since it is still going up, we can chalk that one as “Error in Your Favor.” I would sell it tomorrow as the sell criteria was long since met.
I do not have INTC or VVC in the model portfolio, but both were valid Power Dips. Neither are giving a sell signal.
I will email you with sell signals for INTC and VVC.
Getting rid of BEZ will get you down to 10 positions.
Sorry about the confusion with INTC and VVC.
Yea, INTC was added while you were away to replace SLGN on Thursday. It as in the blog post. I think things got a little out of sync while you were away. The model portfolio will vary greatly depending on the starting day and if a day is skipped when there this many signals.
Great, thanks!