What I Bought Today

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October 29, 2008

I bought these today. Most of these names will be unfamiliar as I owned them recently, then sold em all with egregious losses, but the time to get back in was right.
WLT
FCX
CSIQ
YGE
CALM
VLO

*I also bought GNK yesterday which I think I forgot to mention. GNK had a crazy day today. All over the place. Started out down then popped 18%, then down again, then in the AH they released big earnings and it is back up again.

Solar is rallying hardcore on the back of FSLR earnings. Did you see SOLF, SOL, TSL, YGE, CSIQ, and JASO today? They are cheapest solar names. They are all CHINA solar stocks as well. China hasn’t moved yet, but may beginning a turn here and when it does, these solar names will pop larger than me in a strip club. The FXI is your guide on that market.

With solar and the shippers their earnings are saying the current stock price is incorrect and they will rally to equalize a little bit. They blew out on the downside and they will rally to get a more fitting trading value.

I panic sold some of my SSO with a gain of 22% and all of my USD for a gain of 12% when the Dow and SPX started to tank into the close (WTF?!) – this should be good for tomorrow though as the fade the fed day trade is probably on the table. I held onto my shitty swing long call from 3 weeks ago in the funds, and held my other portion of SSO and QLD.




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  • http://www.stockrake.com StockRake

    Gold stocks – ABX, KGC, AZK, BVN, HMY, GG, GFI, GOLD, and AEM

    Inverse dollar fund looks like it could pop – UDN

    Dry Shippers look ready to do another day off GNK earnings. This list gets you there.

  • http://www.stockrake.com StockRake

    Gold stocks – ABX, KGC, AZK, BVN, HMY, GG, GFI, GOLD, and AEM

    Inverse dollar fund looks like it could pop – UDN

    Dry Shippers look ready to do another day off GNK earnings. This list gets you there.