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Ravenblueeye Active Trades 2005

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Deferred Compensation:

Important News & Updates:

Small Cap Stocks in 2005.

Updating DC Account for 2006

  1. Results of Research

  2. Increase Deferrals

  3. More than 1 holding

  4. Q3 2005 Results

 

MSFT Inter day Chart

MSFT 1yr Chart Updated

PFE    1yr Chart Updated

2005 Trades

Current active position (s) and open limit buy orders. Closing portfolio for 2005. 

Holding Position Holding Position
MSFT PFE
2500 Shs @ 25.75 1500 Shs @ 25.85
  1500Shs @ 24.95

 

The Mission:             

Entered on 09/11/2005

MSFT buy on May 17, 2005, had charts indicating the bottom was attained at 23.75. This bottom is formed after a gap down from the November 2004 high of 30.25. The rational of the trade is to hold MSFT until this gap is filled. Currently, the trading is in a consolidation pattern support is at the 50 EMA. The margin cost on this position at 150.00 per month.  

PFE limit buy order was placed on 09/11/2005, and will be placed at the open of the market on 09/12/2005. The limit order is for 1500 Shs of PFE @ 25.85 GTC. The charts are showing a bottom at under 25.00. The double bottom and pursuing up trend has PFE trending up. Another factor on the positions is the ratio of the S&P 500 relative to the Big Pharma index. As noted in a Street. com article on 09/07/2005, the Health sector has made large gains in the last month, and the Big Pharma's are following: the defense stocks against an impending down turn of the S&P 500. The buy order executed on 09/13/2005. PFE now a holding position.

See charts below

 

Chart Information:

PFE

XLV is the health care, large pharmaceutical companies listed on the AMEX. When inverted both indices are at their furthest and the trend begins in the opposite directions. 

PFE one year and six month charts: At the trade set up.

MSFT one year and six month charts: At the trade set up for PFE.
  

 

The target price on MSFT is 30.25, and for PFE is 30.00.

 

 

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Copyright © 2005 Ravenblueeye Trading Methods
Last modified: October 02, 2005