Trades (10/13/08) and Comments

A lot of activity today. The market rebounded a bit more than I thought it would, making the portfolio adjustments I discussed in my last post more expensive to execute. My thought here is that I would be happy to initiate positions at current prices and would look to add to these investments if the market continues to decline.

Here is a list of today's moves:

Sales

• Spider ETF Nov 90 Call Options (.SWGKL) - 10/13/08 - SOLD 1 contract at $10.20 per share, net proceeds of $1,010.29
  
• eBay (EBAY) - 10/13/08 - SOLD 300 shares at $17.07 per share, net proceeds of $5,108.32
  
• Whole Foods Market (WFMI) - 10/13/08 - SOLD 143.2886 shares at 15.05 per share, net proceeds of $2,243.51

Purchases

• Pfizer (PFE) - 10/13/08 - BOUGHT 100 shares at $16.27 per share, total cost of $1,639.95
  
• NVIDIA (NVDA) - 10/13/08 - BOUGHT 200 shares at $7.59 per share, total cost of $1,530.95
  
• Nokia (NOK) - 10/13/08 - BOUGHT 100 shares at $16.50 per share, total cost of $1,662.95
  
• Johnson & Johnson (JNJ) - 10/13/08 - BOUGHT 30 shares at $61.16 per share, total cost of $1,847.75
  
• Diageo (DEO) - 10/13/08 - BOUGHT 40 shares at $58.71 per share, total cost of $2,361.35

So after all these moves, this is where my portfolio stands as of October 13, 2008. You can take a look at my trading history since inception to see how I got here.


Comments

I've been remiss in addressing some of the comments on the site, so my apologies there. To be honest, I simply hadn't been paying attention as comments have been rather sparse, but I'll be doing a better job at responding from now on. Any and all comments are most welcome!

Here are my responses to Dwath's comments regarding how to find the market bottom and why the NASDAQ is so volatile (scroll down to the comments section).