Friday, January 1, 2010

Happy New Year!

As another year comes to a close, so my retirement, early or otherwise comes closer. I recently sat down to do something that I hadn't done in quite some time, evaluate my progress towards our earlier retirement.

One of my largest holdings in my IRA was HTE, which was recently acquired, and delisted. Therefore I find myself with 20% of my IRA sitting in cash at the moment. At first I considered investing in a CD, either short or longer term, in order to have some stability. After doing some calculations however, I figured that I still need to be aggressive with this IRA account if I want to reach my retirement goal.

So, I decided to revisit my prior strategy of daily research on some select stocks, and seasonal plays. I am beginning with the daily stocks listed on my Daily Tracking List, and also a group of Natural Gas stocks. The natural gas seasonal play goes from the end of February to the beginning of June. I have begun with 14 stocks from the sector, and will start weeding them down to between 3 and 5. Once I have the list down to 5, I will start screening for a seasonal play for Healthcare Providers which begins early which begins the end of March.

It is hard for me to believe that a year and a half has gone by since I have posted here, but it has. That was a long vacation, but I'm back now, and ready to work! Make sure to visit my Day Trading Research Blog, for research updates.

Always perform your own due diligence before making any investment.

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