SBriand 4 Posted October 28, 2009 Share Posted October 28, 2009 I am not happy. Last I saw my portfolio has lost close to 18% in the last 48 hours. Link to post Share on other sites
El Guapo 8 Posted October 29, 2009 Share Posted October 29, 2009 Was anyone else expecting a Wrong Way post yesterday? Link to post Share on other sites
Yoda 1 Posted October 29, 2009 Share Posted October 29, 2009 Was anyone else expecting a Wrong Way post yesterday?Nope, divorce + suicide. Link to post Share on other sites
grocery_mony 8 Posted November 2, 2009 Share Posted November 2, 2009 Could get real ugly tommorow. Link to post Share on other sites
Yoda 1 Posted November 2, 2009 Share Posted November 2, 2009 A tale of luck...So one of the copper stocks I have owned/traded/followed for a couple years is Taseko Mines (Symbol TGB). Over the last week or so with some of those big down days I watched commodity stocks trade lower by 20% or so (same for TGB). I noticed TGB traded RIGHT down to it's 50 day moving average in the low 2.60's and it stopped on a dime. The market traded lower but Taseko stayed at this support.I decided to execute a big trade, and bought up 2000 shares. So today i'm watching it trade higher and think i'm in good shape, quickly the market turns, things are going south. It trades right back down to 2.60, even a few cents below.I am close to bailing, thinking the support is broken, the market is heading down, i'm about to get fleeced. When out of nowhere, it starts jumping, and jumping. What the hell is going on? * Press Release Taseko Announces a New 7.7 Million Oz Gold and 3.6 Billion Lb Copper Reserve at Prosperity 2:30 pm EST, Monday November 2, 2009Jackpottttt! Real-Time: 3.04 Up 0.32 (11.76%) 3:59pm ETSometimes it pays to get a little lucky Link to post Share on other sites
Yoda 1 Posted November 2, 2009 Share Posted November 2, 2009 reloaded on rubicon when it touched $4 a day or two ago.How freaking disappointing has SRS been? I kept waiting for CRE to crash and it just kept bouncing back. Finally gave up. I also decided those 2x and 3x ETF's are the work of the devil. Unless you trade in and out quickly it's just not worth holding on with the price decay. You can short IYR or specific CRE companies directly but then you would also owe the dividend when that comes around so it's something to be weary of.Nice one on Ford though. Link to post Share on other sites
Yoda 1 Posted November 2, 2009 Share Posted November 2, 2009 I literally lost $1k with SDS. I'm in SRS at $11.30, too.I basically went long at the absolute worst time.Yeaaaa I dropped a couple G's on SRS too, probably more like $3500 from "holding" but I netted over $1000 from trading it, so that took some of the sting off. Link to post Share on other sites
Yoda 1 Posted November 2, 2009 Share Posted November 2, 2009 Oops, spoke to soon on Ford maybe. Dropping much of todays gains afterhours due to an announcement on a stock offering. Might want to look into that. Link to post Share on other sites
strategy 4 Posted November 10, 2009 Share Posted November 10, 2009 . Link to post Share on other sites
Yoda 1 Posted November 11, 2009 Share Posted November 11, 2009 Real-Time: 3.04 Up 0.32 (11.76%) 3:59pm ETThe trade that keeps on giving TGB Quote: 3.36 They actually have earnings coming up which could have a large impact +/- from here, but when you are up 25% there is some safety net. Markets look set for another leg up based on the technicals, though after this many days up in a row i wouldn't be surprised with some sideways or down trading for a period. It's a runaway bull train!(so take some profits haha) Link to post Share on other sites
quadaces 0 Posted November 13, 2009 Share Posted November 13, 2009 The trade that keeps on giving TGB Quote: 3.36 They actually have earnings coming up which could have a large impact +/- from here, but when you are up 25% there is some safety net. Markets look set for another leg up based on the technicals, though after this many days up in a row i wouldn't be surprised with some sideways or down trading for a period. It's a runaway bull train!(so take some profits haha)-.06 today. Not bad....all my investments went down today. Link to post Share on other sites
Yoda 1 Posted November 13, 2009 Share Posted November 13, 2009 -.06 today. Not bad....all my investments went down today.Yea less than 2% on a day like this is okay with me! Earnings came out after hours, at first glace they look good. It was up after hours. We'll see how tomorrow goes. If market shits the bed and takes this with it I might bail and look to get in back below $3. Link to post Share on other sites
Yoda 1 Posted November 13, 2009 Share Posted November 13, 2009 Yea less than 2% on a day like this is okay with me! Earnings came out after hours, at first glace they look good. It was up after hours. We'll see how tomorrow goes. If market shits the bed and takes this with it I might bail and look to get in back below $3.Sold at 3.28, 25% gain. Earnings didn't do much and I think the market as a whole is a little toppy. S&P keeps getting stuck in the high 1090's might be time for a pullback. I actually dipped into some shorts which I will sell if S&P breaks back up to 1100+ and will double down on if we head a little lower. Link to post Share on other sites
strategy 4 Posted November 13, 2009 Share Posted November 13, 2009 . Link to post Share on other sites
Yoda 1 Posted November 16, 2009 Share Posted November 16, 2009 That was easy...my short position stopped out right off the open lol. Higher we go! Link to post Share on other sites
gobears 0 Posted November 16, 2009 Share Posted November 16, 2009 Sold the rest of APT Today so I'm pretty much on the sidelines in cash except for my 401K/529 plans which are in various mutual funds. Link to post Share on other sites
Yoda 1 Posted November 16, 2009 Share Posted November 16, 2009 Sold the rest of APT Today so I'm pretty much on the sidelines in cash except for my 401K/529 plans which are in various mutual funds.I sold more too. Not completely in cash, but not very exposed. Mostly high yield bonds, some energy. Link to post Share on other sites
El Guapo 8 Posted November 25, 2009 Share Posted November 25, 2009 HY bonds have the largest spread over treasuries ever. An average of 21% yield spread.Also another reason we will see a market bump sooner than later, is the negative yield sacrifice of stocks vs. treasuries. People are not going to be content earning .07%.Time to pare down High Yield. Spreads have evened out. Still a little upside, but if you allocated around this time you are up 40-60% on the High Yield portion of your portfolio. Link to post Share on other sites
nutzbuster 7 Posted November 25, 2009 Share Posted November 25, 2009 Thinking about running the old funds into a fixed account for a while.I mean seriously...how much more overall market upside is there here? Link to post Share on other sites
strategy 4 Posted November 25, 2009 Share Posted November 25, 2009 . Link to post Share on other sites
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