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Magic Charts Newsletter
January 3rd, 2002 |
This issue includes...
1) "How is the sample portfolio ?"
2) "What about the stocks we sold ?"
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1) "How is the sample portfolio ?"
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We did it! We ended up with a nice score of 101,8% over 2001.
The last few weeks we where just above and just under the
100% gain, and we closed it just above.
There is a screen shot at the bottom of this page
We set the portfolio back to 0 and bought 1626 shares of
Racing Champions and 481 shares DeLuxe Corp.
A screen shot of the new situation is also on the bottom
of
this page.
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2) "What about the stocks we sold ?"
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Now and then it is good to look back and see if we made the
right choices when we sold stock at a certain level, so we
made a list of all the stock we sold, with there value at
12-31-2001.
| Date | Number | Sold | 12-31 | change | |
| 01-02-2001 | Green Mountain Coffee Inc | 400 | 21,19 | 27,39 | 29% |
| 01-04-2001 | Healthsouth Corp | 613 | 13,88 | 14,82 | 7% |
| 01-18-2001 | Enron Oil & Gas Co | 183 | 43,50 | 39,11 | -10% |
| 01-31-2001 | Aetna Inc | 243 | 38,23 | 32,99 | -14% |
| 01-31-2001 | Alberto-Culver Co -Cl B | 233 | 38,81 | 44,74 | 15% |
| 01-31-2001 | Ball Corp | 217 | 39,96 | 70,70 | 77% |
| 01-31-2001 | Dun & Bradstreet Corp | 386 | 25,10 | 35,30 | 41% |
| 01-31-2001 | Southwest Airlines | 447 | 20,84 | 18,48 | -11% |
| 01-31-2001 | Waste Management Inc | 360 | 24,40 | 31,91 | 31% |
| 02-07-2001 | Conseco Inc | 758 | 14,79 | 4,46 | -70% |
| 02-20-2001 | Nike Inc Cl B | 179 | 47,81 | 56,28 | 18% |
| 02-27-2001 | Lvl Medical Groupe | 125 | 77,00 | 22,51 | -71% |
| 02-28-2001 | Acher-Daniels-Midland Co | 666 | 14,89 | 14,35 | -4% |
| 02-28-2001 | Adelphia Communications Corperation | 193 | 39,69 | 31,18 | -21% |
| 02-28-2001 | Caterpillar Inc | 211 | 42,07 | 52,25 | 24% |
| 02-28-2001 | Masco Corp | 389 | 23,38 | 24,50 | 5% |
| 02-28-2001 | Old Kent Finan Corp | 228 | 39,78 | 38,00 | -4% |
| 02-28-2001 | Robinson Nugent Inc | 435 | 21,50 | 21,50 | 0% |
| 03-02-2001 | PacifiCare Health Systems, Inc | 212 | 32,38 | 16,00 | -51% |
| 03-14-2001 | Kansas City Southern Industries | 560 | 12,25 | 14,13 | 15% |
| 03-21-2001 | Atos | 77 | 83,20 | 82,00 | -1% |
| 03-28-2001 | TBC Corporation | 1185 | 5,91 | 13,39 | 127% |
| 03-29-2001 | Electronics For Imaging Inc | 339 | 24,25 | 22,31 | -8% |
| 03-29-2001 | Federated Department Stores | 175 | 41,05 | 40,90 | 0% |
| 03-29-2001 | First Cash Financial Services, Inc | 1980 | 5,00 | 6,80 | 36% |
| 03-29-2001 | K Mart Corp | 887 | 9,65 | 5,46 | -43% |
| 04-04-2001 | Rent-A-Center Inc | 188 | 34,38 | 33,57 | -2% |
| 04-12-2001 | Dillards Inc Cl A | 796 | 16,98 | 16,00 | -6% |
| 04-30-2001 | SLM Holding Corp | 147 | 71,10 | 84,01 | 18% |
| 06-11-2001 | Stewart Enterprises, Inc | 1443 | 6,13 | 5,99 | -2% |
| 06-19-2001 | De Beers/centenary Linked Units De | 379 | 44,03 | 44,03 | 0% |
| 07-25-2001 | International Game Technology | 208 | 50,54 | 68,30 | 35% |
| 07-31-2001 | Nacco Industries -CL A | 236 | 69,05 | 56,79 | -18% |
| 08-01-2001 | Ameristar Casinos, Inc | 870 | 15,55 | 25,05 | 61% |
| 08-27-2001 | Movie Gallery, Inc | 5959 | 27,75 | 24,36 | -12% |
| 08-28-2001 | BankUnited Financial Corporation | 2203 | 12,52 | 14,85 | 19% |
| 08-30-2001 | J.C. Penney Company Inc | 888 | 23,88 | 26,90 | 13% |
| 09-10-2001 | Great Atlantic | 1079 | 16,24 | 23,78 | 46% |
| 09-17-2001 | Mim | 1680 | 10,00 | 17,80 | 78% |
| 09-18-2001 | Peerless manu | 473 | 36,15 | 18,05 | -50% |
| 09-19-2001 | Possis Med | 1368 | 10,74 | 17,42 | 62% |
| 09-20-2001 | Duramed | 2757 | 18,17 | 19,29 | 6% |
| 09-20-2001 | Tier techno | 1428 | 12,52 | 21,56 | 72% |
| 09-24-2001 | Matria Healthcare | 863 | 20,20 | 34,63 | 71% |
| 10-02-2001 | CENIT | 893 | 29,00 | 29,00 | 0% |
| 10-02-2001 | Sound advice | 2128 | 28,40 | 28,40 | 0% |
| 10-02-2001 | Springs ind | 2024 | 45,98 | 45,98 | 0% |
| 10-15-2001 | Amarin | 722 | 20,00 | 17,38 | -13% |
| 10-17-2001 | Gentner Comm | 921 | 17,99 | 16,68 | -7% |
| 12-12-2001 | Bio Reference | 2479 | 5,86 | 6,02 | 3% |
A quick glance says that we sold
a lot of stock to early, but
if we take a look at there charts tells us a whole different
story;
Green Mountain Coffee Inc, went down to $15.31 that is 39%
under the buying price! We could have bought it when it was
low, but apparently there where better looking stock when we
where buying.
Ball Corp. we sold this one at -20% under the highest point
that was the lowest point it reached, after that it went up
again, so we bought it again in our portfolio.
Dun & Bradstreet Corp, went down fast, so we sold it at -20%
after that it recovered again. Some you win, Some you lose.
Waste Management Inc, went down in a sliding figure, so we sold
it at -20%, after that it recovered.
TBC Corporation also made a slide down, so we sold it at -20%
after that there was a sprint upwards, followed by a
horizontal figure.
First Cash Financial Services, looked like it would continue
in a horizontal figure, so we sold it, instead of that it
rose considerably.
International Game Technology, broke the support line, and we
sold it at $50.54. It even went down to $38.90 that is 39%
under the highest point! after that it climbed to the $68.30
Ameristar Casinos, Inc, we sold this one at -20%, after that
it climbed again so we bought it again at $23.80
Great Atlantic went down fast, so we sold it at -20%
Mim, broke a support line, so we sold it at minus 20%, after
that it recovered with a lot of bumps, so even if we had kept
it we would have had 2 more selling moments.
Tier techno, went down in a sliding pattern, so we sold it at
minus 20%, after that it recovered.
Matria Healthcare, we sold this one at -20% afterwards we
know that this was the lowest point :-(
Conclusion:
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Most of the stock above made us money, it could have been
more, but it was a lot easier to burn the prophet and even
lose money, so we think that the 20% under highest point
limit is a good level to sell, in spite of the stock that
rose afterwards, the risks are getting to big after that.
If you don't already have a subscription
to the Magic Charts
and you would like to see the charts mentioned above,
subscribe to a FREE one month trial to the Magic Charts!
Download the demo from the following link:
http://www.magiccharts.com/download
After installation, it will generate a base code with which
you can subscribe to the free trail.
Or even better, subscribe to the Magic Charts, and get one
month for free!
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Copyright 1998-2002 by Magic Charts. All rights reserved.
This document may not be copied in part or full without
express written permission from the publisher.
Trading in stocks involves risk. You can lose money. We are
not making recommendations to buy or sell any stock. We share
our views about how to trade stock.
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Magic Charts sample portfolio per 31-12-2001
Magic Charts sample portfolio per 02-01-2002
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