Today’sTransactions:
SoldpartofGOOGDec07400Callat$305.50
Reason:justmovesomechipsoffthetableandbookprofits
Today’sReturn:1.01%
Returnsinceinception(June05,2007):134.04%
S&P500ReturnsinceJune05,2007:-3.77%
Mypositions:
PG
UTSIJan0910Call
GOOGDec07400Call
SOHU
GOOGMar08500Call
WB
DRYS
CXJan0840put
ITRIJan08100put
UPLJan0880put
PCU...[阅读全文]
股海一粟的博客
投资是一门艺术，投资是一所永远的学校。股海一粟第一次接触到股票还是在1988年，那时候上海只有老八股，没有正规的交易所。。。那一年股海一粟只有10岁。
博文
(2007-11-30 13:32:26)
(2007-11-30 13:30:35)
Mostmajorindicesfinishedtheweekupbyaround3%.ButforthemonthofNovember,theyarestilldownmorethan3%.Foryourreference,Novemberissupposedtobeoneofthebestmonthsoftheyearandcertainlyitisnotthecasethistime.ItisindeedabusyFriday.Dell’sdisappointingearningresultsprovedtobeanon-eventwhileBernanke’sspeechdidprovidesomefurthersupportstothemarketasheechoedtheFedvicechairmanKohnbysayingthat“WeattheFedwillhavet...[阅读全文]
(2007-11-29 13:38:51)
Today’sTransactions:
OpenedapositioninDRYSaveragedat$90.16Stop-lossifthestockisclosedbelow$75
Reason:Thisisanoldfriend.Recentlythestockhasdroppedsharplyduetoweaknessinthefuturesmarketanditseemsthesellingpressurewasoverandthefuturesmarketisstabilized.Thevaluationofthestockstilllooksattractive.
AddedmoreSOHUaveragedat$58.46
ShortedmoreSOHUJan0850Callat$11.00
Reason:Thiscoveredtr...[阅读全文]
OpenedapositioninDRYSaveragedat$90.16Stop-lossifthestockisclosedbelow$75
Reason:Thisisanoldfriend.Recentlythestockhasdroppedsharplyduetoweaknessinthefuturesmarketanditseemsthesellingpressurewasoverandthefuturesmarketisstabilized.Thevaluationofthestockstilllooksattractive.
AddedmoreSOHUaveragedat$58.46
ShortedmoreSOHUJan0850Callat$11.00
Reason:Thiscoveredtr...[阅读全文]
(2007-11-29 13:36:49)
Themarketheldupremarkablywellafterthebest2-dayrallyfornearly5years.Moreimportant,themarketdidn’tretreateventhoughmostoftoday’snewswasnegative.Startingwiththeweeklyjoblessclaims,thenumbercameabove350Kandindicatedthejobmarketmaybefragileaftertherecentturmoilinthefinancialmarket.Thenwegotthelatestdatafornewhomesales.Justliketheexistinghomesalesdatayesterday,thenumberalsocameweakerthanexpected.Inadd...[阅读全文]
(2007-11-28 13:39:16)
Today’sTransactions:
AddedmoreWBaveragedat$41.08
Today’sReturn:1.22%
Returnsinceinception(June05,2007):131.13%
S&P500ReturnsinceJune05,2007:-4.56%
Mypositions:
PG
UTSIJan0910Call
GOOGDec07400Call
SOHU
GOOGMar08500Call
WB
CXJan0840put
ITRIJan08100put
UPLJan0880put
PCUJan08155put
ACHFeb0880put
ShortSOHU0850Call
[阅读全文]
AddedmoreWBaveragedat$41.08
Today’sReturn:1.22%
Returnsinceinception(June05,2007):131.13%
S&P500ReturnsinceJune05,2007:-4.56%
Mypositions:
PG
UTSIJan0910Call
GOOGDec07400Call
SOHU
GOOGMar08500Call
WB
CXJan0840put
ITRIJan08100put
UPLJan0880put
PCUJan08155put
ACHFeb0880put
ShortSOHU0850Call
[阅读全文]
(2007-11-28 13:36:45)
Thebullshaveplentyreasonstocelebrate.Notonlydidtheygeta300+rallyinDow,theyalsohadthebest2-daygainfor2007.Moreimportant,therallyisasbroadasitcanbewithmorethan90%volumeontheadvanceside.Thetriggeroftoday’shugerallyisFedViceChairmanKohn’scommentsthat“theFedmustbeflexibleandpragmaticinpolicy”andthissuggestshemayfavouraratecutinFed’snextmeetingscheduledonDec11th.Tomorrowwearegoingtogetcommentsfromt...[阅读全文]
(2007-11-27 13:38:19)
Today’sTransactions:
OpenedapositioninACHFeb0880Putat$28.60Stop-lossifthestockisclosedabove$60
Reason:mostbasicmaterialshaveseentheirpricesweakenedquiteabitrecentlyandAluminiumisnoexception.Thedropincopperpricewilladdfurtherpressuretothiscommodityandunlikecopper,theinventoryforAluminiumisplenty.
Today’sReturn:1.31%
Returnsinceinception(June05,2007):128.36%
S&P500ReturnsinceJu...[阅读全文]
OpenedapositioninACHFeb0880Putat$28.60Stop-lossifthestockisclosedabove$60
Reason:mostbasicmaterialshaveseentheirpricesweakenedquiteabitrecentlyandAluminiumisnoexception.Thedropincopperpricewilladdfurtherpressuretothiscommodityandunlikecopper,theinventoryforAluminiumisplenty.
Today’sReturn:1.31%
Returnsinceinception(June05,2007):128.36%
S&P500ReturnsinceJu...[阅读全文]
(2007-11-27 13:35:57)
WallStreetisplayingseesawgamerecently.Afteryesterday’smorethan200pointloss,Dowgainedmorethan200pointstoday.ThebigheadlinenewsthismorningisAbuDhabiInvestmentAuthority(ADIA)investing$7.5billionfora4.9%stakeinCitigroup,althoughCitihastopayanannualinterestrateof11%.Thislevelishigherthanthecurrentjunkbondyield(around10.5%)androughlyequaltothedividendyieldaftertakingintoaccountoftaxeffect.Apparently,Ci...[阅读全文]
(2007-11-26 13:26:43)
Today’sTransactions:
OpenedapositioninPCUJan155Putat$50.00Stop-lossifthestockisclosedabove$115
Reason:therecentweaknessinthecopperpricemeanstheanalystsmayhavetolowertheirearningestimatesforthecompany.Also,theinventoryheldatLMEhasincreased15daysinarow.
ClosedDRYSaveragedat$70.24
Reason:ithasbrokenthestop-losslevel.Sojusttakeloss.
Today’sReturn:-3.16%
Returnsinceinception(J...[阅读全文]
OpenedapositioninPCUJan155Putat$50.00Stop-lossifthestockisclosedabove$115
Reason:therecentweaknessinthecopperpricemeanstheanalystsmayhavetolowertheirearningestimatesforthecompany.Also,theinventoryheldatLMEhasincreased15daysinarow.
ClosedDRYSaveragedat$70.24
Reason:ithasbrokenthestop-losslevel.Sojusttakeloss.
Today’sReturn:-3.16%
Returnsinceinception(J...[阅读全文]
(2007-11-26 13:24:44)
WallStreetsimplycannotholdonitsgainsfromlastFriday.Dowhadanother300-pointswingdaybutunfortunatelyforthebulls,itwasclosedatalmostthebottomoftheswing.FollowingthemixedretailspendingnewsovertheThanksgivingweekend,themarketstartedthedayprettymuchflatandthenmovedhigheralittlebitinthemorning.However,badnewsinthecreditmarketjustkeptcomingandtherewasagainrumouraboutpotentialbankruptcyforCountrywideFinanci...[阅读全文]
