AEM (12) -----03

八月 25, 2008 - 01:59 下午
Then I Woke Up
In this weekend'spost, I wrote, "Zooming in to the intraday level, however, you can see how technically perfect all this price action has been. An ascending wedge, a break, and a perfect retracement to the underside. I would be very, very surprised (and disappointed) if we didn't see a down day on Monday."
Well, I was neither surprised nor disappointed. I got the "one-two punch" I was hoping for............a drop across the board in oil, gold, and equities. The notion that these are inversely correlated is, in my opinion, total nonsense, and I am positioned as such. Today's 241 point drop on the Dow was welcome, and the last three days of this week are packed with important economic reports.
Observant readers may notice that myperformance figures have dropped from something like 95% to 77%. The reason for this is that we've changed how this is calculated. Last week, a reader pointed out what he felt was a mathematical flaw in the calculation; I agreed, and I asked an engineer to correct it. This has been corrected, but still, the figures shown are not bad! Please keep in mind mycaveat about this figure, no matter what it says.
Today I'm simply going to show you my favorite current positions. I've got a total of 109 - - yes, 109! - - positions, every single one of them bearish. But here are my jumping-up-and-down favorite ones.........
 
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Posted: 01:59 下午 |No comments! Be the first! |Permalink
六月 26, 2008 - 06:01 下午
So What Next?
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五月 29, 2008 - 09:25 上午
Rude Crude
On the whole, my puts and equity shorts are doing pretty well in the face of a softening crude oil market, but my index puts are doing definitely not-so-hot. I've still got puts on the $RUT and $NDX, but I get could stopped out of those in a day or two if things remain strong. So far this morning I've been stopped out of ABT, ALB, BLK, MON, RJF, and ACL.
Here are a few of my holdings that I'm feeling pretty confident about:
 
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Posted: 09:25 上午 |No comments! Be the first! |Permalink
五月 21, 2008 - 03:58 下午
Zap!
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