I continued investing with KFT during my fourth week of simulation. At the
end of my third week, the stock price was at a level in my channel but not
anywhere near the lower limit. On Monday, June 26, the price was well below
my channel during the first hours of trading. I invested right away and bought 36
3239 shares at $30.87 per share. The stock then peaked at $31.12 and started
dropping. I sold at $31.05. Based on the last trade and on the current trend
within the stock, I readjusted my trading window to between $30.85 and $31.00.
I watched the stock prices and on June 28 I invested at what appeared to be an
upswing starting near $30.85. After buying 3241 shares at $30.85 per share, the
stock price actually dropped to under $30.80 and stayed there for about 24
hours. On June 29, the price rebounded back into range and, in fact, rose above
my upper limit of $31.00. After seeing that the price would drop from a peak, I
sold my shares at $31.02 per share. The price only dropped for a short period
and then rocketed out of my trading window to $31.12. By the next day, June 30,
the price had dropped, quite a bit, to under $30.80 and I invested at $30.77 per
share. During the day of June 30, there was one opportunity where there was a
peak at $31.00 that I missed. By the end of trading on June 30, the price had
dropped to $30.90 and I missed any chance to sell. The price change activity for
KFT during the week of June 26 through June 30 can be found on the next page: