Friday, January 13, 2012

Down But Up?

The indexes finished up for the week despite today's broad sell-off. DNS -49, -14, -6.

Penny stock ENER is up 326% over the last two weeks; up 63% just today. MY, ZAGG, and SMSI were up between 10 and 20% today.

Trades: none.

So far most of my buys were premature - I could have gotten better entry points on most of them. I decided to pause and wait and see if the market firms up.

Portfolios:

The ESG port is at -11.6 and the value-sales port is at +3.2%. Even the oil port lost 6 or 7 percentage points this week. I was thinking the ESG port might finally break into positive territory this week, but then the rest of the week happened.

Reversal alerts: (2).

IART and FRED. Neither is very interesting.

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