Week 3 – 6/23/08 to 6/29/08
On June 24th, Intellect Neuroscience Inc (ILNS) has gone from $.8 to $.83 per share. This gives me an increase of $2,625 I am going to sell this. Also XLE it looks as if I missed the highest peak for this stock. I believe it will go on a downward trend soon, so I will sell this stock at an $842.45 profit.
Today I believe I will cut my losses and try again. I am going to sell all my stocks and research new ones for this coming week. I have Monday and Tuesday off from my job so I will have plenty of time to research new stocks to invest in. I am
looking into Yahoo (YHOO); they have reorganized their company and plan to have new products coming out. I feel thattheir stocks will increase in the immediate future, even if Yahoo does not change anything, people will think that they did. This will be a shortterm stock. Once I have a profit I will sell it.