With what's going on in Europe

It might be prudent to go ahead and take our profits on the morrow.

Well, it's been a couple of months

But we just checked on INTC, and it's up to 25.05!

25.05 x 400 shares = $10,020.00
+ the $1,221 in cash = $11,241.00.  Just $759 away from being able to buy on margin.

Markets down

Well, the Dow lost over 200 points today; the only company that saw an increase in its share price today was Walmart.  INTC is down to $20 and some change.  We will wait this out for a week or two before dumping INTC and looking for something else, but to be honest, there probably isn't much worth buying right now.

INTC $20.62

Going long on INTC

09/19/2011: Bought 400 shares of INTC @ 21.93. $8772.00 + $7 commission = $8779.00
INTC (400 shares) $8772.00, Cash $1221.00

INTC over AXP

INTC chart

Scanning the stock chart for INTC, it looks pretty good.  The stock went higher today on heavier than normal volume.

Re: Stock Charts

We have decided to dispense with making a "weekly price" stock chart for any of the stocks.  It is too cumbersome, and we have discovered the wonders of technical analysis charts that are available on http://finance.yahoo.com

For instruction on what all the stock chart jargon means, we have been working through the course at www.babypips.com, which is a forex (foreign exchange--trading the money of different nations) information website.  We have just reached 5th grade.

Real quick: AXP looks like a buy

Looking at the chart, it looks like AXP may have a break out (cup with a handle pattern, etc.).  On Monday, if it's still strong, this may be our first purchase.