Thurs

Wedn we lost a close one with kansas city losing in 11 innings. The rookie starter for KC did a reasonable job for us. Also the lead off homer in the bottom of the 9th looked promising but then to get two men on first base picked off twice in a row was a bit weird:) I was watching the game while playing poker at the bellagio and one of the players who had bet the other side made the comment he didnt think he had ever seen that before.

Today 5 home dogs again and I will update if anything develops today.

The market looks like its going to gap up around .4% this morning. We are carrying 3 swing trades and we will not be exiting any of the 3 today. As of the close yesterday we have a gain of 2.59%, .58% and .74% respectively. Also our insider trade we put on yesterday closed at 2.09 giving us a gain of 5.6%.

Also I have been thinking about the exits on these insider trades. 90 days is still the most likely exit. However I am also going to exit on a big move after positive news. My logic is that the CFO is buying based upon some knowledge of operations that outsiders do not know yet. When the news hits and outsiders pour into the stock usually the initial buying gets overdone. That is the point I want to attempt exiting on. We will see how this works out:)

A comment:

“Any way to get these as a text from Twitter like you do with your sports plays? I’ve missed a few of these and had the market run away from me by the time I saw them (including this one).”

I have posted that possibility a month or so ago but really didnt have much interest. If there is enough interest I can set up a new twitter account for my swing and insider purchases.

RickJ

Rickjshandicappingpicks.com

Twitter: rickjsportplays