|
Date |
Comments & Action (all figures include
commission charges) |
Debit/Credit |
Balance |
|
 |
| Nov 20 2009 |
Bought 1000 shares at $23.40
II waited a couple of days to see if the
recent upturn is going to hold. It appears
that the trend is going to stay. This looks
like a return to the summer when Cisco Stock
went sideways. |
(23404.95) |
|
|
 |
| Jan 21 2010 |
Sold 1000 shares at $24.44
I should have sold earlier but the 10 day
only yesterday really started to turn down.
I have marked what the HLC chart was
showing. The first arrow shows the stock
closed at the high and then there was no
follow through. The stock then closed in
mid-range. I thought I would wait one more
day. The stock closed yesterday at the low.
I put in my offer to sell at the open today. |
24435.05 |
1030.10 |
|
 |
| Feb 26 2010 |
Bought 1000 shares at $24.30
I waited a few days as the dip at the end of
January was a lot steeper than I thought
would happen. However I can see that the 10
day simple moving average is trending up and
then I bought shares. |
(24304.95) |
|
|
 |
| Apr 14 2010 |
Sold 1000 shares at $26.65
The 10 day has been moving lower for the
past 4 or 5 sessions and the stock is
wandering again with a bias lower. I decided
to close out and follow the 10 day trend
which is pushing lower. I am closing early
to make sure I lock in my profit. |
26645.05 |
2340.10 |
|
 |
| May 17 2010 |
Sold 10 uncovered calls June $25.00 at
.77
Looking back I could have sold a bit higher,
but I missed the big fall in Cisco which
happened shortly after I sold on April 14.
The 10 day SMA is widening and falling away
from the 20 and 30 day EMA which is my cue.
I sold uncovered calls for June.
These uncovered calls expired in June and
were not assigned. |
755.50 |
755.50 |
|
 |
| July 27 2010 |
Bought 1000 shares at $23.35
The 10 day simple moving average crossed the
20 and 30 day two sessions earlier. I was a
bit concerned as the stock pulled back a bit
today after rising in the last two sessions.
However I am staying with the strategy and
it says buy, so I bought my shares. The HLC
charting also shows that the past 3 sessions
the stock has closed on the high. This is a
very good sign as each day has had follow
through. |
(23354.95) |
|
|
 |
| Aug 20 2010 |
Sold 1000 shares at $22.20
The stock was climbing and I should have
sold. If you look at the chart you can see
that the 10 day didn't turn down until the
stock fell. Even the HCL charting did not
show a close on the low. I decided after the
fall that the stock would probably bounce
back. I waited and then sold my shares today
when the stock had recovered somewhat. |
22195.05 |
(1159.90) |
|
 |
| Oct 6 2010 |
Bought 1000 shares at $22.20
I felt like I was just buying back my sold
shares from August 20. The 10 day SMA has
actually been above the 20 and 30 day for a
few sessions but again the stock is going
sideways. The HCL charting confirms what the
10 day is saying. Today I decided to buy in. |
(22204.95) |
|
|
 |
| Nov 2 2010 |
Sold 1000 shares at $23.20
The stock was beginning to turn down, or so
I thought. The 10 day was also moving a bit
lower even though it had not crossed the 20
and 30 day EMA. The last few days the
HLC charting keeps closing on the low. I
didn't want to get caught again in a
downturn so I sold my shares. |
23195.05 |
990.10 |
|
 |
| Nov 19 2010 |
Sold 10 Uncovered Calls Dec $20.00 at
$0.41
It turned out to be a nice move to sell when
I did. At first I thought I was wrong as the
stock still climbed. But then the stock
tumbled. With the stock down, I sold
uncovered calls out to December.
On December 17 2010 the uncovered calls
expired and no stock was assigned. |
395.05 |
395.05 |
| |
TOTAL INCOME
FOR 2010 - $4350.95
Largest Amount Invested - $24304.95
Return on capital - 17.9% |
|
|
Not too bad a year again. The 10-20-30 moving
averages strategy combined with the HLC charting is
certainly working for me. This year through
following my method of closing when it appears there
might be a downturn starting, paid off well and
helped to keep me out of one major downturn. As well
my uncovered call sells worked out in both cases
this year. Yet the August 20 trade shows that
nothing is foolproof as even the HLC charting
couldn't foretell the pullback that came.
