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Contango my friend Contango..... Rolling this thing from one month to the next is cutting roughly 8% out of the price every month....This is not all seen on one day, but during the few days(Probably 5-8 days) that they roll the this contract....By the way VIX Futures are pretty thinly traded...

Retired!!!!! Will post a longer update later on. $CostAverageMan

BYD Company Limited HKG:1211 or BYDDF.pk I play this one all the time, but I currently don't own any of it. It's a W. Buffett play by the way, but what do we old timers know? http://www.google.com/finance?q=HKG:1211 $COSTAverageMAN

Interesting day that I'm sad I missed... Well any longs I still had on (about 7% of portfolio) I took off today.... I did set up put and short positions today in case this rally breaks down I won't be chasing....Also, this market is exhausted in my opinion. Anyone else sick of hearing the...

Vhehn, Your a long time reader (thanks for that)...I'm sure you know how I build my positions/portfolios and for that matter how many positions I am usually holding on any given day. That being said There is no reason for me to come on here to post something like "Sold TCK@XX.XX It's rolling...

We have seen some amazing moves over the last 9 days from July 8th...We had a very nice reversal on the 8th...My tracking portfolio that day showed me a 17% sell off on a basket of momentum stocks from the point I exited...It closed on the 8th only being down 14%...A good sign a bounce was...

She sure did spark one heck of a little pre market rally in the big 5 (GS, BAC, WFC, JPM, MS)...Not to mention the FAS and UYG running on her every word... http://www.elitetrader.com/vb/showthread.php?s=&threadid=64553&perpage=6&pagenumber=141 $COSTAverageMAN

I didn't mention anything about not having any short stock positions...hint hint $COSTAverageMAN

And the historical longer dated chart....Just a little observation from a historical point of view... $COSTAverageMAN

For the chartists out there....Up as usual watching how Europe acts to get a gauge for the trading day ahead of me...Thought I would post two little charts something to look at...kind of stuff...I sent these to some friends a few days ago...One from June 30th and other from Thursdays close...

For those of you who have followed the journal over time you know every once in a while I like to come back and update my calls I make in this journal(Right and Wrong)....Which if all you spent was 5 minutes with stockcharts.com open and looked at some of them back when they were made look...

Just exited BAC and JPM day trades.....BAC@13.04 and JPM@35.74... $COSTAverageMAN

Completely out of every stock position today in every account....I have slowly been picking up hedges to protect currency and commodity positions...I feel as if the markets are currently in the eye of a hurricane right now as people are coming out of their shelters and looking at this beautiful...

Looking like someone got lucky again....It's only "green shoots" if you lock up your gains.... $COSTAverageMAN

Good morning....I told you guys I was going on vacation... http://www.elitetrader.com/vb/showthread.php?threadid=64553&perpage=6&pagenumber=139 It was long overdue. $COSTAverageMAN

Today I went on another heavy selling spree....Now this time it was IMHO time to sell the international ADRs ETFs CEFs....WHY? no reason except to not give back these gains....The List: ALL POSITIONS BELOW FULLY LIQUIDATED.....VACATION TIME!!!!!!! BANKS: BCS, RBS, LYG, HBC, IBN, HBD, BBD...

How I'm seeing the market right now.....If you have been paying attention you can see that the market is greatly divided right now into two distinct trades...RISK and Perceived less risky trades...Now when I see companies trading up a few hundred percent since March 9th I get very skeptical of...

ALL I have to say is when will this strategy end..... Here are some other DOGS to peak your interest.... LEA, FED, SD, TGB, BQI, FTK, SSCC, BGP, ARTC, HOV, TLB, AHD, TXCO, FBN, MEA, LNET... Now Most are low priced stocks, but all were down over 90% last year....just amazing what moves...

sold 20% of TBT just now...The position is quite large and 15% move in 3 days was nice....Just getting out of the portion that I bought a little high...Now I got my cost into the low 37's.....Sold 1/2 my DXO and 1/2 DYY....the leverage was nice, cause I was right, but leverage works both ways...

Another good day to start the year..... Just another little observation to check out....in the link http://www.elitetrader.com/vb/showthread.php?threadid=149624 $COSTAverageMAN