FeelingBullish!

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Ok so I earned a star (literally). Somehow it wasn’t quite that exciting in grade school, but I’m giddy that my picks have done well enough to push up my rank on feelingbullish.com. I am now ranked 26th amongst the site’s stock pickers.

I have a few positions I’m holding long in my brokerage account, notably Electronic Arts. I think they are going to have a great Christmas and the Nintendo Wii launch is going to be a big plus. ERTS has been one of the biggest supporters of the new gaming platform. I think we could possibly see 70 levels by Christmas. I would sell into the season and close out before the New Year. I’ve set a trailing stop of $4 on the stock. I’m up 12% in 6 weeks. I don’t want to get greedy. Afterall a gain is not a gain unless you book your profit. As Jim Cramer says “Bulls make money. Bears make money. Pigs get slaughtered.”