June 01, 2006

Too Inc. (TOO)

Today was a good day for the markets. The first of the month has always been a good day for me. Today I feel like I lucked out, I didn't have any big winners, but I accumulated enough small winners to make for a good day. TOO is not a top alpha stock yet, but I noticed it because of increasing volume and it is making new all-time highs. It was my biggest winner:

None of my trades today had an R value of even 1%. I am always concerned about liquidity, I want to get out at the price I want. It is good to be concerned about it, but not overly concerned because it can limit your profits. I feel like I need to be less limiting with my profits.

Comments

Hey Ugly, how do you keep track of your
watchlist(s)? There seems like you could have a bundle to watch with all-time highs/vol. increases. I've been looking for something that would help me keep track.

TIA!!
dan

Posted by: dan at June 2, 2006 05:34 PM

Dan, I had a problem with so many stocks at first, but I've found a way to sort through them and take only the most significant ones. I start each morning with a list of about 100 liquid stocks and then shortly after 10am I shorten this to around 20 of the list with increased volume.

Posted by: Ugly at June 3, 2006 09:43 AM


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