Wednesday, December 22, 2010

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.