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Well US Market's Closed----Just got that gut feeling.....I should of sold more off...Everything was moving so nicely I couldn't make up my mind as to which to get rid of.....Well At least there is tomorrow.

Got the Quadruple Witch on FRIDAY........This always SUCKS...

$COSTAverageMAN
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maybe not. cramer says the stars are aligned for a big upside expiration move. i guess we will know in 2 days if he knows what he is talking about.
Marching March Demands Upside Insurance
03/15/2006 3:42 PM
"You know what I am saying. This is turning out to be an explosive March, one of those Marching March expirations that is going to take us higher than anyone thinks.

Right now, if I were at my old hedge fund, I would be looking to buy some out-of-the-money calls on the S&P 500 and the first contract in the money on stocks that are 2 points and change away from their strikes. That's where the breakouts could be."
 
OF COURSE....I saw this happening earlier in the day, but didn't capitalize......OF COURSE... a couple days after I sell my CHINA speculative positions....They go to the moon right after Yahoo In Play is released about CHNR appealing delisting( I saw it come across the wires seconds after it was posted)....CHNR(34.4%), CTDC(24.44%), CAAS(8.01%), CMED (7.00%)....I'm pissed I pulled the trigger last week and pissed I didn't go for it today.....

We All Can SAY "SHOUDA, WOULDA, COULDA".....But I had just happened to check out Yahoo In Play (I do this all the time everyday) seconds after it was released....WHY...WHY..WHY..Just kidding.... I had a great day and am very pleased with all decisions...... except these four!!!!

Chart 1 Day CHNR...Check out the other 3 and the reactions they had to the CHNR....They move together

Excel Sheets will be ready near 7:30pm (I'm off to Dinner)

$COSTAverageMAN
 

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6 Days in a row with 100K+ gain.....CASH-----HERE I COME.....(Depends/Maybe)

Today 1.14% Total Portfolio Increase

I have been getting more risky this year(SWING TRADING)....Shorter Holding Periods on equities.... Revisiting Previously Sold equities when prices are dropping...Trying to call tops and bottoms for Buy and Sell Points....I think this Journal has a little to do with it.....I have noticed I'm trying to call tops and bottom's on momentum stocks(Hard to DO) that during my conservative years would have never been in the old portfolio....It's working out really well though....I appreciate all who have taken interest in my investing strategy and would like to say "COMMENTS are WELCOME"

This Statistic Blows me away!!!
--237 Profitable 2006 Closed transactions
--34 Losing 2006 Closed Transactions

Currently I have in the Portfolio
--163 Winners
--25 Losers

37.36% Portfolio Gains in 2006.....That is better than my 2 year GOAL of (15% a year)....What a Great Year so FAR!!!!....You can understand Why I may want to Seriously increase my CASH position soon...

Currently CASH=5.55%-------GOLD=5.39%------

Considering Bringing both levels to 15%----I just keep thinking about a large world wide correction....But I guess everyone in this business always fears that.....I Just look at how the US index's are doing and that always makes me feel better....This reiterates to me that prices are probably not that out of sink...

Now foreign Markets are a completely Different Story....I would predict major corrections in next 6 month's....Some Large Bank or Country will Default on Debt or some Large scale political crisis (WAR)....Something will take the foreign/Emerging Markets back to reality...Not going to be a pretty day when it starts...

$COSTAverageMAN
 

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$Cost$
Great Journal. Probably my favorite on ET.....I've never met another swing trader that can trade that many positions (and size) on a daily basis.....just from looking at your spread sheets every few days i got a few questions for you regarding your trading strategy....

Do you ever short? If not, why? is your strategy just build around opening long positions?

and, while looking at your "Portfolio Open" and "Closed Position" spreadsheets.....it looks that you really dont sit on any losing positions, and your losing positions are really minimized (example: NBL200shares -$78; MMK5000shares -$50; PRLS300shares -$15...while most of your winning positions are profiting $1,000+)...do you keep real tight stops on all your positions? or make sure all your buy points are right around key pivot (support) levels?

Anyways, Great Journal! You daily P/L is basically the yearly salary of most middle class americans haha (HOLY SHIT! NYX profit $174,000+....all i can say is wow!)
 
LIQUIDATION MODE TODAY!!!......JUST GOING TO SIT ON THE SIDELINES UNTIL THE MARKET DETERMINES WHAT IT'S DOING TOMORROW....I GUESS I CALLED MY TOP....TODAY.....I WILL
REVISIT MOST SOLD EQUITIES IN THE FUTURE EITHER UP OR DOWN.....JUST DON'T WANT TO BE 95% PORTFOLIO LONG EQUITIES GOING INTO QUADRUPLE WITCHING DAY.....STUDY MARKET HISTORY AND YOU WILL KNOW HOW DANGEROUS AND REWARDING THIS DAY HAS BEEN IN THE PAST...... I'M VERY HAPPY WITH 2006 GAINS SO FAR AND IF I MISS A BIG POP UP I WILL JUST HAVE TO LIVE WITH IT.....AT MY AGE, PRESERVATION OF CAPITAL IS EVERYTHING......REMEMBER SOMETIMES CASH IS KING!!!!!
BOUGHT

PG@59.10
MTN@36.85
BCGI@1.60
INTN@6.85
DXPE@28.45
ASPN@4.42



SOLD: (THIS LIST IS VERY LONG)
HUN@20.10
EFX@38.24
CME@433.78
LFUS@35.40
GS@149.10
AL@44.20
LM@128.10
FCX@53.48
AXS@31.10
AXP@54.30
ATHR@23.51
CSTR@26.27
SNY@45.05
NDAQ@45.75
HD@42.70
FAST@46.55
ARS@48.81
ITU@33.18
BA@76.80
CP@51.35
GGB@24.78
CHINA@4.36
CAT@75.20
ASYT@11.18
ADM@34.81
JOYG@57.76
GERN@8.75
ANN@37.35
AA@30.40
PKX@63.12
ISE@52.50
IIIN@49.10
CEPH@75.70
AUO@14.80
ATI@56.25
CIEN@5.33
IBN@30.09
DNA@83.10
ANK@58.00
CLE@35.85
AMR@27.00
ACH@106.42
CENX@36.24
CX@65.60
AVNX@3.47
ISRG@99.00
MRVC@14.36
RNAI@7.03
PTSC@1.47
RGLD@30.42
OXPS@28.50
RACK@44.73
VPHM@12.73
FLOW@13.15
SVVS@1.42
SOHU@23.01
STEM@3.75
NEU@43.50
LPTH@6.53
ZOLT@18.35
NENG@3.20
RTI@45.50
TSCO@64.98
SID@31.51
MON@87.05
WPSC@18.65
AVM@30.80
RAIL@68.10
UBB@85.40
ERS@21.40
ZHNE@2.73
UARM@30.46
PAAS@24.10
TYC@26.72
TAP@69.51
MT@35.20
RYI@25.30
XLE@54.40
MEK@16.01
VNO@98.00
N@47.40
EWZ@42.10
PDA@68.90
RTP@195.00

CURRENTLY HOLDING
HA, CL, FDG, EWY, KYO, KNBWY, CLF, CWPC, FXI, HTE, BDY, GG, GHCI, AET, ACN, BUD, GMK, EEA, EWC, COF, BGG, CEE, AEG, DMLP, C, CHK, EMT, HW, ARA, AWC, BZH, EQS, EDAP, BBC, SMTX, PG, SNE, TWN, MTU, TMM, KSU, T, TM, UPS, PTF, TGB, MO, VZ, SLW, VOL, PWI, PTF, NAT, TDG, XSNX, HAL, MCZ, PPC, TSN, LR, PETC, SIMO, TY, SWZ, NXY, SPLS, WF, TFC, PGJ, LEA, WVVI, MEDX, TSU, TTM, MTN, BCGI, INTN, DXPE, ASPN

WHAT A CHART 6 month's ago it was .13c------XSNX (3 month chart)
 

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jsmooth

DO I ever SHORT?....Just Dana Corp at $15.00 Closed at $2 and change...My only Short in 3 year's.....If I feel like it's good to short I just don't buy it....I'm very much a long equity buyer...I also just sell at high levels and hope to buy back in much lower...Kind of like shorting (with half the realized gains).....I do this to lower initial cost...

Yes, I do try to keep pretty tight stops on certain equities, I also Have Sell orders at levels I don't think will actually get hit-- much higher than that day's open...It's gotten me out of rising equities at very nice prices in the past, but has also burned me on days the stock just kept moving...So what else is new this happens to everyone...I like pivot point's from the use of technicals and always have a list of 100 or more equities that I am watching on the buy list....I use all types of filter's to create this list...I prefer not to discuss my filter criteria....It's not your ordinary stuff, but very momentum based..... and bottom fishing criteria as well goes to the list of 100... GE, LEA, PETC, TAP, MTN some bottom fishing done recently....

By the way great bottom with PETC(In at 19.80) numbers just crossed (Like 2 weeks later)!!!! I Said 22 and I got 22.11 after hours today...

$COSTAverageMAN
 
DID I Make a mistake today selling stock....Well Find out tomorrow!!!! One thing that is making me feel good is I would of been down -$17,368.00 had I done nothing today (I back tested the portfolio with no changes today)....Instead I Increased the portfolio by $82,592.55------Selling into strength was my plan for Wed...It didn't happen....So Today I had limit sell orders and stop losses set up all over the place....I had many that I tried to call the top on as well....Sitting currently with a 50% International----50% Domestic Equities......42% in Cash and GOLD for the QUADRUPLE WITCHING DAY TOMORROW.....

Not sure When I will be back to 90% equity.....Currently it's 61% equity....

Well the EXCEL SHEET TOOK A LITTLE BIT LONGER TODAY!!!!

Today Portfolio Value Inc. (+.85%---Outperforming Daily
DOW (+.39%)
NASDAQ (-.53%)
S&P 500 (+.18%)
Bovespa (-.23%)
S&P TSX (+.25%)
CAC (-.04%)
FTSE (+.47%)
NIKKEI 225 (-1.52%)

2006 Performance=+38.523%
2006 Realized Gains=$2,406,383.00 MILLION
2006 Un/Realized Portfolio Inc.=$2,737,604.00

325 Profitable Closed Transactions------ (87%)
48 Losing Closed transactions------------(13%)

93 Current Profitable Open Positions-----(84.5%)
17 Current Losing Open Positions---------(15.5%)

CASH POSITION=35.35% of portfolio (3,468,225.00 MILLION CASH)
GOLD POSITION=7.853% [of all portfolio not in CASH] ($498,060.00)

Comments/Suggestions Welcome (Tell me what your thinking of this liquidation today.....Remember Preservation of Capital IS MY RULE NUMBER ONE.....

$COSTAverageMAN
 

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I see from your list you sold IIIN just before it dropped nearly 10%. Great timing. Any idea why this stock took such a big nose bleed! I've checked but cannot find any info.
More importantly would you buy back at this level?

Thanks
 
Quote from $CostAverageMAN:


Comments/Suggestions Welcome (Tell me what your thinking of this liquidation today.....Remember Preservation of Capital IS MY RULE NUMBER ONE.....

$COSTAverageMAN
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Great job!!! I think the liquidation was very smart.

I do think we can trend higher as people realize that Fed is done raising rates soon; which could produce a nice bounce up. That might be another opportunity to further liquidate.

Just curious, what do you pay in commissions per trader or per share?
 
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