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  1. M

    Miggidy's Portfolio

    Yes, you are correct, there are two people on the sidelines. In total there are 9 participants. I believe all of the participants are fairly passive in this competition. While it is nice to be in first place, it is even better to be able to chronicle my trades and ideas in hopes of furthering my...
  2. M

    Miggidy's Portfolio

    Ending Balance: $1,144,247.68 Position: 1st ($144,247.68 ahead of 2nd) Alright, back to it now after Thanksgiving break. I was unable to participate in in last week's rally and today's drop, so its time to make up some ground. Position Update: I am down 6% on GLD. I am looking to increase...
  3. M

    Miggidy's Portfolio

    Attached are today's transactions and ending portfolio value. Wasn't that good of a day. I didn't really have a plan going into the day. Plus, I have classes all day on Tuesdays and Thursdays so usually those days I am not very active. In one of my classes I was watching the Dow and it...
  4. M

    Miggidy's Portfolio

    I'm using the site updown.com and they have commissions set at $100/trade. $100 isn't so bad considering I am trading $100k at least at a time, but yes, it is still high. Thanks for the words of encouragement. I appreciate it. :)
  5. M

    Miggidy's Portfolio

    Beginning Balance: $1,189,957 Ending Balance: $1,160,861 Lost nearly $30k, not very good. Lesson learned: holding positions over the weekend in a volatile market is not a good idea, especially if they are leveraged, ie SSO. Oh well, still 1st place in my Investment's Club competition...
  6. M

    Miggidy's Portfolio

    Looking at the 3-month chart of the GLD, it appears that support is right around 70, with resistance right about 90. While looking at the YTD chart, the ETF has been making lower highs and lower lows, I believe the GLD does have the ability to go much higher from here. From what I have been...
  7. M

    Miggidy's Portfolio

    This coming week I will be looking to trade the SSO and SDS, depending on what the trends seem to be. Tomorrow I will be researching the GLD. It seems to have broke out and maybe be gaining momentum. I will chronicle my research findings on here tomorrow.
  8. M

    Miggidy's Portfolio

    Here is attachment.
  9. M

    Miggidy's Portfolio

    Here is a document of all the transactions I have made so far. I will continue to update as often as possible (hopefully after every trading day).
  10. M

    Miggidy's Portfolio

    Attached is my portfolio value and current positions.
  11. M

    Miggidy's Portfolio

    Allow me to introduce myself. I will be graduating from The University of Arizona this semester and have an incredible passion for investing. I have been investing for the past two years with moderate success. Recently I started a mock portfolio for a competition in my Investments Club. I have...
  12. M

    FCX Strategy

    I would gladly own 400 shares of FCX at $25 anyday. Especially a year from now if I did get called.
  13. M

    FCX Strategy

    Yes I have the money to purchase these if they get called. And yes naked puts, I have 15 months for the stock to retrace, but looks like I only needed today for that to happen.
  14. M

    FCX Strategy

    I believe that FCX's current price provides a great opportunity for selling some puts.. The Jan 2010 put contract at the strike price of 40 (YPXMG.X) is at 14.90. For my account I am going to sell 4 of these puts, netting myself approx $6,000. If, in over 15 months, FCX is not above...
  15. M

    Should I do it? Bank of America BAC and Wachovia WB

    I like BAC. I own it and am down in it, but I keep buying more to average down. I am holding it in a portfolio with a focus of 2-3 years down the road this shaping up to be a very good investment. Personally, I think you can buy it lower. It all depends on your time horizon. If you are...
  16. M

    Can someone explain what MS-A is?

    I am trying to figure out what MS-A is because I inherited it and I cannot find any information about it at all? Thank you for your help, it is much appreciated.
  17. M

    Trading with a tablet pc

    I do not trade on a tablet, but I interned on the CBOT and many traders there traded off tablets. The pen works exactly the same as a mouse. So you can do everything on it. It takes a while to get use to the pen. Sometimes you can hit the wrong box and get a fill you did not want. Once you...
  18. M

    Cramer fires back

    I think you are guys are too harsh on this man who is educating thousands of people. Are any of you correct all the time??? Does every investment for you work?? If so, let me know what time your show is on and I'll tune in. Cramer is one of the biggest reasons I got into investing and I...
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