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Author Archive

27 May

The Important Matter of the Greatest Beach/Backyard Game of All Time

2 words:  Ladder Golf!
‘Professional’ version:  http://www.laddergolf.com/
We of course just make our own from PVC pipe, golf balls, and some rope.  Hours of entertainment!  One hand required only, meaning that you are free to use to other one to hold the beverage of your choice.
That is all.

24 May

Auto-Pilot Engaged

Due to my sweet, sweet vacation on Topsail Island (NC), I will have limited access to the markets this coming week.  Therefore, most open positions are getting a trailing stop.  The ones that are not may get some sort of protective orders eventually, but they’re all ’small’ positions, so even a 100% loss in the [...]

23 May

Summary - Friday, 2008.V.23.

That big list of bullish ideas did me no good as there was no big rally in honor of Memorial Day.  No reason to fret, though, as the account for mostly bearish and thus showed a nice 2% gain on the day. 
Closed out a few straddles and started a couple new bearish positions, but mostly [...]

23 May

Everybody Nose

It’s clear as black and white, like a fat panda
Your brain is magic city, your nose is Atlanta

In case we get a ‘coked up’ rally tomorrow, I have my bullish guns loaded and ready to fire:
MATERIALS:  (CHK: 48.40 -1.71%), (CLF: 101.22 -0.34%), (EOG: 104.42 -0.87%), (KWK: 24.19 -2.85%), (SWN: 38.37 -1.24%)
TECH/INTERNETS:  (AMZN: 80.81 -3.13%), (NVDA: [...]

23 May

Summary - Thursday, 2008.V.22.

Today was opposite day!  Seemed like all my longs went down and all my shorts went up.  Of course, after 2 huge days to the downside, an opposite day is to be expected.  A few things continued to work though, including (MER: 28.35 +3.02%) & (MGM: 35.19 +5.11%) puts and (TRLG: 27.15 -0.22%) calls.
No new [...]

22 May

An Old Friend

(HUM: 46.40 +0.74%) showed up on my screen tonight…  I had consigned it to the junk pile a few months back but it’s now showing some life and has even been added to the ‘conviction buy’ list at Goldman.  2 days straight of good volume has seen it break above $48. 
Could this signal an end [...]

22 May

Summary - Wednesday, 2008.V.21.

Despite the overall tragedy of today, I actually did good in the market.  Up about 3% for the day, with the unrealized profits in (CAKE: 15.37 +0.52%), (JBLU: 6.07 +0.33%), (MER: 28.35 +3.02%), (MGM: 35.19 +5.11%), (NIHD: 52.52 -1.32%), (VMW: 39.70 +0.33%) outweighing all the small losses that were booked.
DP Sells:

(SOLF: 15.81 -1.31%) puts & (PVH: 38.06 -1.07%) [...]

21 May

Utterly Devastated

Developing…

21 May

Live Blog: Champions League Final

PK, 7th pair:  Giggs is next, on his record setting day…and coolly puts in the right corner.  Chelsea’s hopes are now with Anelka…and van der Sar saves.  United win the shootout, 6-5.  Unbelievable.  Shoot me now.  Terry is incosolable and that feeling is shared by all Chelsea fans…
PK, 6th pair:  Anderson makes no mistake and [...]

21 May

Onto More Important Matters…

For most of you on this here red-blooded USandA website tomorrow will just be another day.  You’ll wake up as usual, go to your office/trading/home desk, slog through your day (using iBC to keep you sane & wealthy), come home, rinse & repeat.
 
However, for a few of us, tomorrow is a SPECIAL day as it [...]


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