Patience Prevails

After I bought bxc at $3.42 the market had a solid week of big downs. One day the market went down 2%. Bxc dropped all the way to $3. I knew that I had to wait it out, because I knew I bought bxc at a good low price and that the stock can't go down lower than 3$. The last three days the stock made a big turn around. Today I sold BXC at $3.62 giving me a profit of 5%. Now I will take the weekend and next week to find the next stock to buy. I am going to look for a day where the market is down a lot. I think that next week we will see another super low day where most stocks are down between 5 and 10%.

On Friday I sold MPG at $3.03. I made a solid 13%!!! Today has presented a perfect time to buy more stocks. I bought BXC at $3.42. It was down 8%, and I knew that it most likey will go back up to break even. I plan on making 10% by friday, but our plan id 5%. So anywhere above 5% is good. Greg bought PMI, which is going to be huge one day, at $4.20, which was down between 9 and 12%. We are planning to make some big money by Friday. I have a feeling that June is going to be an up month in the overall market. So we will take advantages at any down stocks.