Posts Tagged ‘aig’
Back To Being Short Because I Have To
The market was looking like we might get a flat day with the Dow rallying up to -38 from -100+ earlier on, but in the last 10 minutes the market fell to near its lows. I was in cash coming into today as I had no read of what today might do and wanted to …
I Only Own One Stock
I got out of nearly everything today except for 1 stock and that not stock isn’t anything special. Running for the exits? Not exactly. Just taking gains in the index longs, cutting the mediocre things, things that sucked (USO, FCX in and out), and taking gains in the things that rocked (C calls, AIG, DIS …
Posted by StockRake on December 28, 2009 in Trades
2010 Will Be Schmuck Free
At least on SR it will be. Last year I went long on the 2008 slide based on some oversold indications. At that time I posted some charts that showed only a very few times the market became that oversold. It was the case of who blinked first. I blinked and now I will explain. …
Shifted Some Cash Around
I dumped my AIG calls, this was not according to my own rules, but I have a feeling it can drift for the next 3 weeks and didn’t want to chance waiting. I sold some things not rules related, all because I think there is more immediate opportunity in other stocks. I sold $GAME, and …
Posted by StockRake on December 21, 2009 in Leveraged ETFs, Leveraged Funds, restaurant stocks, Trades
Update On Some Things
I took the index longs to cash Friday morning which ended up not being as smart of a move as just leaving them long till the close. However, I went back to a long position in the funds, thinking we get a currency related Santa Clause rally this week. By currency related, I mean reversion …
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