Google

The Deipnosophist

Where the science of investing becomes an art of living

My Photo
Name:
Location: Summerlin, Nevada, United States

A private investor for 20+ years, I manage private portfolios and write about investing. You can read my market musings on three different sites: 1) The Deipnosophist, dedicated to teaching the market's processes and mechanics; 2) Investment Poetry, a subscription site dedicated to real time investment recommendations; and 3) Seeking Alpha, a combination of the other two sites with a mix of reprints from this site and all-original content. See you here, there, or the other site!

07 June 2005

Money in Motion (MiM)

I have just sold my trading lot in Men's Wearhouse/MW at $54.90, originally recommended and purchased @ $40. (The investment lot, purchased at $34, remains long.) With the proceeds, I swapped into the same share size position of Coach/COH at $32.25.

It is possible that MW continues its run, whereas COH continues its short term pullback. However, I want to lessen portfolio risk via swapping overvalued for undervalued -- based solely on share momentum, not fundamentals, etc.

who's online