Beautiful…: October 31st, 2008
Friday, October 31st, 2008As I said before, one of the easiest trades I have ever seen. I still own my complete short position.
Archive for October, 2008
As I said before, one of the easiest trades I have ever seen. I still own my complete short position.
Remember, I have twitter: October 31st 2008
Friday, October 31st, 2008Guys keep in mind that I do use twitter, which is a blog type website I use to post my trades the SECOND they happen. I have only 3 followers, which kind of sucks but hopefully I will see that number rise after this post. Take care.
One of the cleanest charts I have ever seen: October 31st, 2008
Friday, October 31st, 2008What an excellent short selling opportunity we have here in ITT Technical Institute (ESI) We have a strong resistance line at $90.00. Now this is a 1 minute candle chart for the past two hours. Notice how the stock price hits the resistance line of $89.99 5 times in the past ...
More long positions: October 31st, 2008
Friday, October 31st, 2008Happy Halloween fellow chasers. I went long some more positions. Went long Goldman Sachs, More Freeport Mcmoran, Microsoft, Wells Fargo and more Johnson & Johnson. I am still 40% cash.
Goldman Sachs: October 30th, 2008
Thursday, October 30th, 2008Goldman sachs is starting to look attractive. Only thing I am not a fan of here is the engulfing candlestick formation that is forming today. In all honesty, I don't know how the markets are in the green today as GDP came out and was negative, but I guess people ...
Taking profits: October 29th, 2008
Wednesday, October 29th, 2008I ended up taking profits in four positions about 30 minutes after the open when the dow was up about 70. I was quite surprised the dow actually somehow opened up in the green but has since then retreated back into the red. A 900 point move is too large ...
Just Impeccable: October 28th, 2008
Tuesday, October 28th, 2008For those of you who follow me daily on this blog, might I just add my timing has been absolutely impeccable the past month. The only move I regret doing today was selling off Baker Hughes prematurely. Only reason I moved this is because as you can see, my portfolio ...
My current asset allocation: October 27th, 2008
Monday, October 27th, 2008Here is how my assets are currently allocated in all my accounts except my IRA. As of today's close I am fully long equities with less than 5% cash left in my account. If I get burned, so be it as I will have to pay for my impatience and ...
Marketchasers Podcast, Episode 3
Monday, October 27th, 2008Click here to download Episode 3 as an MP4. In this weeks podcast: Long term Investing Strengthening dollar Companies trading below book value Energy, Commodities and Financials
Berkshire Hathaway: October 26th, 2008
Sunday, October 26th, 2008Berkshire Hathaway Class B (BRK.B) looks very attractive at $3538. Thanks for reading -Justin Moon, Senior writer for Marketchasers.com