Greetings,
Last week my stocks were relatively flat, not moving much up or down. I attempted to catch MOT at $15.21 to cost average the position, but my buy order was not filled.
Although BBBY is down, percentage-wise it is not near the 10% down mark I generally use to cost average. I say generally because I don't hold firm to that rule, sometimes I go in sooner. BBBY broke under $37.00 briefly causing me to wonder if it was going to a new bottom. However, it closed at $37.40 on Friday. Just above $37.00 dollars per share seems to be the current bottom.
TEK had a late week rally to close near my break even point. Maybe next week will be the week to exit this position as a winner.
I haven't forgotten MSFT, CSCO, and WMT. They are all down currently and I plan on continuing to hold them. Next week is predicted to be an up week based on last week's economic report indicating the economy is still doing well. A couple of economic reports are due out this coming week. If the news is good it should have a positive effect on my stocks. While I'm patiently waiting I'll enjoy the rest of my weekend.
Have a great week ahead,
Anthony
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