tag:blogger.com,1999:blog-11336670.post7489144224557185320..comments2024-03-13T03:24:01.167-04:00Comments on Marginalizing Morons: Piggybacking RulesCaptiousNuthttp://www.blogger.com/profile/14440029537418230507noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-11336670.post-23200848625878239692009-03-02T22:00:00.000-05:002009-03-02T22:00:00.000-05:00*rest-stop-research*?*rest-stop-research*?CaptiousNuthttps://www.blogger.com/profile/14440029537418230507noreply@blogger.comtag:blogger.com,1999:blog-11336670.post-48622301185916643882009-02-26T22:43:00.000-05:002009-02-26T22:43:00.000-05:00Sweatpants and comb-overs?Hah!Sounds like Atlantic...Sweatpants and comb-overs?<BR/><BR/>Hah!<BR/><BR/>Sounds like Atlantic city to this former resident of Philadelphia!CaptiousNuthttps://www.blogger.com/profile/14440029537418230507noreply@blogger.comtag:blogger.com,1999:blog-11336670.post-49104582778058927772009-02-26T17:42:00.000-05:002009-02-26T17:42:00.000-05:00I think posting the size of your trade in percenta...I think posting the size of your trade in percentages relative to total portfolio is a good idea. This way, one can tell when you're just *taking a flyer* on a stock or when you're taking a sizeable position, when you have a hunch or when you think you have a winner. Maybe even demonstrate when/how you *scale into* trades.<BR/><BR/>How your *rest-stop-research* going?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11336670.post-84682939166628030822009-02-26T08:54:00.000-05:002009-02-26T08:54:00.000-05:00Faz is close to $50 in premarket because RBS is po...Faz is close to $50 in premarket because RBS is posting a record loss but announced a favorable deal with the UK treasury?!? Labor department announces record unemployment claims. I don't get it why people are betting on these banks. But on the other hand, I also am getting this bad taste in my mouth that I am turning into the jacka$$es at Foxwoods who walk around in sweatpants and comb overs placing money on black. I think I am going to sit and watch for a few days and let my trades and the dust settle and go into the weekend with more cash in my pocket. <BR/>KfellAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11336670.post-26305240195607019672009-02-25T20:22:00.000-05:002009-02-25T20:22:00.000-05:00I picked SWC because I thought it'd be a way to ma...I picked SWC because I thought it'd be a way to make a play on platinum, which even now seems severely mispriced on the premium over gold spot. The problem is that sometimes SWC trades like every other stock in the market (down with the market, up with the market) and other times it trades like the underlying platinum. I think right now was just some bad luck as the market traded down AND the PMs traded back down.<BR/><BR/>As for my other shorts, I am not sure how I did following the dividend payout, that screwed up my Google Portfolio returns tracking and I didn't keep track very well of what the printout I got from Scottrade said, but I do know that SKF has been a big-time winner for me, up cumulative 33% with all the trades I've done with it so far, which makes me ever more confident to double or triple my position in it and watch the money pile sky-high! Bwa hahahaha!<BR/><BR/>No, but seriously, I meant to get out of SKF on Monday, as I said, and then hop back in in a bit, but I got screwed and didn't get my order in in time, so now I've lost $50 off the share since then. I will probably add to the position as we go lower... ETF decay or not, this thing has a tendency to go straight for the moon during times of panic, so I feel pretty good about getting the money back.<BR/><BR/>And I am going to leave QID alone, I don't know enough about NASDAQ but from what I am hearing it's all these tech companies that are delevered and cash heavy and so QID sounds like it'll be the real laggard short-wise... best to stick to DXD and SDS I think. I'll "nibble" at a little SRS again when it comes back down around 50-60, too, maybe.<BR/><BR/>And I am looking to grab a little more FXY around 100... I think this weakness in the yen is relative to temp strength in the dollar and those BS pledges by the BoJ to fight the power of the yen... yes, industrial production figures have been shite, too, but I think there's still some mighty big carry trades to be unwound out there, and I don't know if I'm yet confident that Japan is gonna beat the US in the race to the zombified bottom, so, for now, I think I want to add to the position a little again and slowly let it out as it creeps up toward 115 again.<BR/><BR/>Am I an idiot?Taylor Conanthttps://www.blogger.com/profile/18270678440957992085noreply@blogger.com