Plan

Gearing up....

I put in two buy orders today and they did not get filled. I guess I was too far back in the queue. The plan is to buy 2,100 shares of ELI for around $0.07. That will cost us between $147-$155. I give this range because I may tweak the purchase price. Instead of having it at $0.07 I may raise the price to $0.073. I will change it to make sure we get our order filled. ELI slumped down with the rest of the market, but not too much.

The plan for ELI is to purchase at $0.07 and sell for around $0.09. We will probably get our order filled around $0.0735.

2,100 (shares) x $0.0735 (share price) = $154.35 plus our commission that will be around $8.

2,100 x $0.09= $189 . $189-154.35=$34.65-$16(commission charges)= $18.65 of profit. Not that much. This small profit plays into the greater plan. That $18 profit is from only trading $150, what is the other $300 doing? It is also working for us.

I found another stock that I like ANX. It has been bouncing between $0.13-$0.15. The goal is to buy 2,300 shares around $0.13.

Once again we will be focusing on small profits with the market the way it is. (sliding downwards)

2,300 x $0.13= $299.

2,300 x $0.15= $345

$345-$299= $46-$16= $30 + $18.65= $48.65

After taking small profits from two trades, we will probably end up making $50 tomorrow. not too much, but that amount will get us over the $500 hump. Once we break over that hump, we can start to diversify more. There are some other things at play with these two stocks.

ELI has broken out before to a high of $0.12 then it seems to have found a new floor. Once the market turns around ELI looks like it is ready for another breakout. If, ELI does have another break out then we will obviously make more money, possibly having another $100+ day. However, this is breakout will depend on how the over all market is doing tomorrow.

WIth the market down, ELI did not move too much, but it did go down a little. With a nice market bounce back ELI will most likely mirror it and have a bounce of its own.

ANX has been having a lot of resistance between $0.13 and $0.15. Once the roof is broken though, this stock could likely rise to $0.20. If both stocks have a breakout, like their charts are reading, then we could have some very nice profits and get closer to our goal of $1,000.

....to get going

WIWS
Disclaimer: These are not recommendations to buy or sell. Invest at your own risk. Where Is Wall St. is not responsible for your own decisions.