Wednesday, December 22, 2010

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