Posts Tagged ‘GMO’
Went To Cash
Took losses in the index shorts today. This market is rough, but can’t ignore the price action. I won’t be shorting it anymore until I see turn to the downside in my signals. Yes I’ve been trying to jump them. The difference this time around is that I’m not hanging around more than 1 day. …
Sell Signals and Covered Profits In Junk Portfolio
At the close both SRS and FAZ went on buy signals and now I see in the afterhours BAC did a secondary priced 10%+ lower than its close AND HPQ is lower in the AH. This might be a spot where I’ll look to get short again tomorrow and I’m not looking for armageddon either. …
Junk Portfolio Up 46.89% Since End Of March
My junk portfolio of GMO, BLDP, CRIS, SPPI, EVK, KLIC, SYNM is up 46.89% since the 3-30-09 market gap down open which is where I went in. If you don’t follow my twitter feed you won’t know, but I bought GKK (got stopped out for 4% gain, but it was a poorly placed stop. GKK …
Things That Worked, Things That Didn’t
I already mentioned last week about the great movers I sold too early. Tack on another stock I had in my account that I sold too soon. CPSL A couple things happened today. My index shorts got blitzed today. I ate an 8% loss on my RUT short and 4.4% on my NDX short. I’m …
Chart Fest, SPX Sets Up For A Nice Rangey Day Tomorrow
Today I covered my index longs and of course I get filled at 10:45 due to Rydex’ oh so great pricing window. It turned out to be a great move as the NDX and RUT yielded 3% and 2.8%. I have no index position now and 100% cash there. I still own my junk portfolio …
