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Wednesday 18 June 2008

Update on Sim acct.



You'll notice from my positions that my 2 biggest losers are from trying to catch a falling knife(AMR) and a space shuttle that recently launched for the moon(JRCC). All the other positions are typical and making money or slightly in the red. JRCC looked like it was overbought- it's ran about $20 or up 50% in the last 2 weeks. AMR looked oversold- Down $2 or 30% from where I bought it. Overall, I plan on holding AMR for a few more months to see how things pan out. I may have to cut the loss on JRCC, but I'm looking to see how it trades after OPEX.

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