The stock market had a nice day ahead of elections

The Dow was up 51.22 to close at 12156.77 and the Nasdaq was up 9.93 to close at 2375.88. Following are the trades for today in the fantasy portfolio:

Sell 40 GOOG $472.57=18902.80
Sell 500 CROX $44.25=22125.00
Sell 300 ERTS $58.53=$17559.00
Buy to close 3 contracts EZQLL @ $140.00=($420.00)
Buy 100 shares BA $84.85=($8485.00)
Buy 100 shares RIMM $122.77=($12277.00)
Commision: $63.00
Total procedes: $37341.8

BA 100 shares long @ $84.85=$8450.00
RIMM 100 shares long @ $122.77=$12277.00
COP 500 shares long @ $60.99=$30495.00
PD 200 shares l0ng @ $101.23=$20246.00
Total positions=$71468.00
Cash: $31816.80
Gain to date $3284.80(3.28%)

Rationalization of trades:

GOOG: I still think GOOG will do very well in the near future but it isn't performing very well as of late so I am selling the entire position. I might have to wait until Options expiration to purchase more.

CROX: CROX rose very nicely both today and yesterday. I believe that it will perform well but with such nice gains it is time to takes some profit.

ERTS: This is a speculative play. This does not look like it will go anywhere so I sold it today.

RIMM: RIMM was a short target but it looks as though there is some momentum. I will see if I can catch a little tomorrow.

BA: Fedex canceled an order with EADS. Boeing had a nice rise today and I am going to see if I can catch a little momentum tomorrow.

Good luck investors

Disclosure: I am not currently long or short any of the shares aforementioned. I have some speculative option positions in GOOG and RIMM.

Note to all readers: This post and all other posts in this blog are for entertainment purposes only. All of the stocks listed are very highly speculative, and the portfolio is not diversified and could produce severe losses if you were to invest in these stocks. None of these stocks represent a recommendation in any way. As an individual investor, you have to assume your own risk. Prior performance is no guarantee of future returns.