Sold BAC at close

We sold BAC at close for $13.38 ($11.60 Cost basis and 14 day holding period) and a profit of approx. 15.34% gain. We think it is going higher; however, it is going into resistence and we had placed 100% of our portfolio into it. We have opened a new account for better liquidity and trading resources and have transferred the cash into it. This is our first trade of WSR2. We will be looking to get back in soon.

Opening WSR2 with new trade on 12/8/2010

We have closed the other accounts and have started a new fund or account begining 12/8/2010 with the purchase of 100% allocation into BAC@ $11.60. The reasons were both fundamental (expanding MEAC center and raising 2011 dividend) and technical (a bullish flag breakout). We closed our old WSR1 account because of our re-location down to Jacksonville at the end of October. Finished with a 44% return - stopped trading tofocused on the relocation

Final Numbers

We will have to go with the August numbers because it gets too complicted after that due to our moving our offices. It was a pretty good year! it could have been fantastic if not for the ending complications of the move. The blog is going private for now and may or may not re-open in the future.