The market found some support today with the news of Ben
Bernanke extending the Twist program, also with Germany hinting that they will
be willing to help some more with financing.
My SBUX trade was executed when Starbucks went up yesterday,
I made a small profit of around $6 but that’s still 10 percent of my $60
investment. I probably should have
watched it more closely because SBUX is up even more today and I could have
gotten more profit out of the trade.
I saw Walmart getting ready to make a run yesterday and unwisely
broke my rules of buying stock off of emotion.
I hadn’t done my homework and looked at the setups and got beat up when
the stock went down yesterday. However
the market was forgiving today and WMT has rallied to new highs and I am now
close to a profit.
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