Posts Tagged ‘csco’
This Morning Started Out Right
The morning started out right and tight. I woke up late about 9:45, the overnight shorts started to work and I pressed my positions with SDS calls, SSO puts, IWM puts, TZA, and DTO/USO puts. Everything except the crude shorts were profitable when I cashed out around 10:30ish (BZQ, FAZ, etc). The crude related shorts …
Getting Ready To Be Long Regardless If I Get Whipsawed
I’m getting ready to get long even though I think there is a high chance of getting shalacked next week. I’ll be buying down days. I took losses on my EDZ, EEV, SRS, and TYP in the variety of -15%, -12%, -17%, and -22%. These were mostly fresh positions. Index funds also had about a …
Riding The Rough Water
I’m hanging on to every long idea I have right now which includes the double beta index etfs and funds as well as QQQQ calls. CSCO options went to shite as well as the MSFT ones. New purchases in DAR and GU are doing fantastic today based on DAR’s great report. This was an additional …
Beaten Up Plays I Like Stock List 122
AEO – American Eagle Outfitters. I liked AEO when it traded on the Nasdaq back under symbol AEOS in December 2005. I like it again. We are basically at the same levels as that time and American Eagle ran up about 300% from my buy point. RIMM – I love it here. they had ridiculous …
Sold CSCO
Sold CSCO 12% loss. I had it on the short leash and it wasn’t performing. I see too much opportunity now to sit idle in CSCO. I took a chance on 3 stocks with the proceeds. BCON – Prone to having big spikes. With the energy bill being reworked this and all other alt energy …
