What Worked Today 1162007

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November 6, 2007

Being long the indexes. 2% pop in the NDX. Its the only index I’m long.

I’m worried about tomorrow though with GM’s afterhour 39 billion non-cash charge and what that might do to the market. However, CSCO is afterhours tomorrow and that can save the day/week. The bifurcation between financials and technology is amazing. I know I’m jumping around, but its my blog and thats the way I roll.

NDX vs XLF

SPLS – I thought I was early. If this kind of jumping continues in SPLS, my options are going to be up fast.

USU – Still working and waiting for another pop.

ATVI – Sucked. 54% drop overnight in my calls.

AZK – Had a breakout day, but I guess it was due to the gold breakout.

BWLRF – Again probably on gold.

Uranium in general is rocking. USEG is still down for me, but coming back. Remember URRE that I was so hot on in the past? Up 22% today.

EGI – Doing well for me. I rarely talk about it.

SVA – Holding up well. Still considering buying even more.

NBG – New 52 week high today.

UA – This was a bad buy. My systems had it on a sell and I thought they would turn, however, when I trade outside my box it tends to be crap. Ala ATVI trade. It wasn’t apart of anything, I just knew they would crush numbers, but the daily chart was trending down. Anyways down 21% since my buy in UA. This sucked.




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