Bookkeeping: Selling off More Perfect World (PWRD) and Cummins Engine (CMI)

I am selling off some more winners here from stocks we've discussed this morning and yesterday.

First Perfect World (PWRD) which we just discussed - as we just wrote we'd look for mid $25s to lay off more shares

The stock is now trading back to the mid $24s range, up 13% - as I outlined in the previous post on this stock I'll continue to cut back on this name as it approached resistance which in this time frame means mid $25s or so.

....and we got them within an hour (stock has hit $25.59), so I am cutting the shares I bought just last Friday in the $23.70 (which I had sold in the $26.20s). So in a week we made 7.5% on this batch and as we said this morning on the smaller stake I bought in the $21s-$22s we made a quick 12-13%. In other words, this has been a terrible buy and hold stock, but a heck of a trading stock. So far. In time it will become a great stock to...