Game Stop day!
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| Symbol | Name | % Change |
| AMD | AMD | 0.66 |
| BBY | Best Buy | 1.08 |
| ET | ETrade | 0.38 |
| GME | Game Stop | 1.55 |
| MO | Altria | 0.37 |
| MSFT | Microsoft | -0.07 |
| NYX | NYSE | -1.75 |
| T | AT&T | 0.30 |
Day’s Gain: $317.42
I started to panic this morning when the market was down and I sold Goldman Sachs. One of the reasons I sold this stock was because I was up 23%+ on this stock and it was up too much and I should move out of the financials and perhaps buying some insurance stocks for next year.
The highlight is GameStop. It was down more than 1% this morning and I wanted to buy more but I was afraid to since it is already almost 1/3 of my total holdings. Of course since then, the stock ended up 1.55% for a net of 2.62% which I could have made but that’s okay because I’m back in the green on this stock. Same strategy as before (sell half my positions before it announces just in case and put a trailing stop on it for the rest so if it just goes up after the announcement, I can let it run but if it doesn’t do so well, it will be sold automatically.
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Stop the Layoffs and So Will The Stock Market Slide | No More Bad Debt on October 23rd, 2008 at 12:39 am Says:
[...] Game Stop day! [...]








I think thats a good decision.