Plays for the day: November 11th, 2008
Tuesday, November 11th, 2008greetings fellow chasers, here is a quick post for the moves I have done today: -covered Monsanto -short Google -long Bank of America -long CME Group
Archive for the ‘Personal Portfolio Plays’ Category
greetings fellow chasers, here is a quick post for the moves I have done today: -covered Monsanto -short Google -long Bank of America -long CME Group
General Motors: November 7th, 2008
Friday, November 7th, 2008Now tell me something....how does GM lose 7.7 BILLION in CASH in a single quarter? Step back and look at that for a second folks. That is in three months......I mean are you kidding? That is $976 PER SECOND. In the time it just took me to drop a bomb ...
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.
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.
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 ...
Long for now: October 17th, 2008
Friday, October 17th, 2008Here is what I did today: 1)Sold off all of my puts except Gilead (GILD) right after the opening bell when the dow was down about 225 (good riddance!) 2) Went long Apple (AAPL), Alcoa (AA), Southern Copper (PCU), Dow Chemical (DOW), Verizon (VZ) and Halliburton (HAL) 3) I am currently 60% cash.
Dog on a Leash: October 15th, 2008
Wednesday, October 15th, 2008I have been spot on with my lockheed martin (LMT) trade this past 2 weeks. Look at this thing obey like a dog on a leash. Goodbye Lockheed, don't let the door hit you on the ass on the way out.