Archive for December, 2008

Quick Portfolio Rundown

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APOL (Apollo Group): Short 1000 shares @ 68.06. Down -8,840. Intend to hold for next 4-8 weeks.

FLR (Fluor Corp): Long 500 shares @ 52.36. Down -4,105. ‘Cheater Long’ position to play the bounce.

GS (Goldman Sachs): 100 Jan 50 puts @ 5.00. Down -46,000. Painful loss to recover…

ICE (Intercontinental Exchange): Short 500 shares @ 71.01. Down [...]


Happy Holidays!

I hope that you and your families take the time to celebrate the memories of past year and wish you a peaceful and prosperous new year.

Happy Holidays!

I will have a quick run-down of my portfolio holdings by today or tomorrow which is down from its highs but still GREEN. . Hopefully, 2009 will bring [...]


We’re Back And Live

Just catching up with things and market. Give me some time and we’ll be ready to rock ‘n roll with our beloved market.
Cheers!


Quick Update On Market Activities

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A quick note to all the readers of STI. I just glanced at the charts of all the major indices and noted that volume has been drying up for last couple of days. Watch out for any year-end rally. I’m looking to go long as long as the rally doesn’t fade away. I already gave [...]


Is It Time To Go Long?

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I ran a couple of scans on Monday for a brief moment and found some good setups for long ideas. Please bear in mind that these stocks are rallying in downtrend. You can play these names for a possible bounce towards major resistance areas.

Fluor (FLR) and Jacobs Eng. (JEC) are two such names that broke [...]