What Worked and Sucked Today 2252008

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February 25, 2008

Worked:

Being long the indexes. I’ve been long for days now and today it paid off. More than 4% in the RUT and I’m RUT heavy in my index account plus 1.36% in the NDX.

SEED – Up 4%.

CPST – Had a great move today. Up 9.2% on the position.

YGE – I got ancy on my buy point and got it a little early. Flat on this one right now, but its setting for something special imo.

Aside from being fully invested in the indexes, I’m holding back a lot of cash for stock trades coming up. I’m waiting for the market to get some more secure feet underneath itself. I may cash out of the indexes tomorrow morning if we get some continued up movement though.

The Agriculture stocks are all doing very very well still. CF, MON, POT, MOS, SEED, GRO, and my cheap sleeper: FEED are all doing well. Don’t forget this call on the ag stocks.
Sucked:

GBT – Did nothing today, but thats cool because tomorrow it goes back to trading under symbol ABAT on the Nasdaq and then maybe some action comes back to it.

GRO – Sold it on Friday one day before the pop today. Same scenario happened to me with FRPT before its big pop. I have a feeling that next big pop will goto SEED so I’m hanging in there.

TITN – Out with small loss less than 1%.

YHOO calls – Still doing nothing. C’mon MSFT up the bid already.




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