Today’sTransactions:
ClosedFROFeb50putat$6.50
Reason:thesectorshowedrelativestrengthagainstthebroadmarketrecently.ThemainreasoncitedisOpecproducedmoreoilthantheirquotainOctober.Sojusttakelossandwaitforanotheropportunitytorevisittheposition.
OpenedashortpositioninSOHUJan0850callat$5.00
Reason:whenIfirstinitiatedthepositioninSOHUbackinSeptember,Imentionedoneofthemainrisksforthisstoc...[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
(2007-11-23 10:20:37)
(2007-11-23 10:19:55)
Themarkethasaholidayrallyaftersharpselloffearlierintheweek.However,itisworthnotingthattoday’svolumeisextremelylowsonotmuchconclusionshouldbedrawn.USdollar,ontheotherhand,hitanotherrecordlowagainstEuroovernight.Goldperformedquitewellduetoweakeningdollar.Asfornextweek,wearegoingtogetseveralimportantpiecesofeconomicnews,includingOctoberhomesalesdataandFed’sBeigeBook.Howthemarketreactstothemwillmore...[阅读全文]
(2007-11-21 13:20:45)
ThereisnofreeturkeyonWallStreet.Yesterday’sreversalisprovedtobeshort-lived.Westartedthedayinaverynegativetoneasapparentlybullsweremoreafraidofholdingthestocksthroughholidaythanbears.Theweeklyoilinventorydatadidn’thelpeither.Butoilretreatedamidprofittaking.Itnowseemsjustamatteroftimebeforethecommodityreaching$100mark.TheUSdollargotweakenedagainamidcontinuingyenunwindingtrade.Notsurprisingly,goldp...[阅读全文]
(2007-11-21 13:19:43)
Today’sTransactions:
DidaT+0inDRYS:boughtaveragedat$74.93andsoldaveragedat$75.40
AddedmoreDRYSaveragedat$80.47
OpenedapositioninWBaveragedat$39.57stoplossifthestockisclosedbelow$35.00
Reason:atthispoint,Ibelievethereisvaluationinthefinancialsectorifyouhavepatience.ThemainreasonIpickedWBisduetoheavyinsiderbuyingactivity.Whocanknowthiscompanybetterthanitsinsiders?Betteryet,itpaysrou...[阅读全文]
DidaT+0inDRYS:boughtaveragedat$74.93andsoldaveragedat$75.40
AddedmoreDRYSaveragedat$80.47
OpenedapositioninWBaveragedat$39.57stoplossifthestockisclosedbelow$35.00
Reason:atthispoint,Ibelievethereisvaluationinthefinancialsectorifyouhavepatience.ThemainreasonIpickedWBisduetoheavyinsiderbuyingactivity.Whocanknowthiscompanybetterthanitsinsiders?Betteryet,itpaysrou...[阅读全文]
(2007-11-20 13:49:50)
Today’sTransactions:
DidaT+0tradeinDRYS:Boughtaveragedat$79.14andsoldaveragedat$79.36
SoldpartofSOHUat$47.82
Today’sReturn:1.22%
Returnsinceinception(June05,2007):127.53%
S&P500ReturnsinceJune05,2007:-6.46%
Mypositions:
PG
UTSIJan0910Call
GOOGDec07400Call
SOHU
DRYS
GOOGMar08500Call
FROFeb0850put
CXJan0840put
ITRIJan08100put
UPLJan08...[阅读全文]
DidaT+0tradeinDRYS:Boughtaveragedat$79.14andsoldaveragedat$79.36
SoldpartofSOHUat$47.82
Today’sReturn:1.22%
Returnsinceinception(June05,2007):127.53%
S&P500ReturnsinceJune05,2007:-6.46%
Mypositions:
PG
UTSIJan0910Call
GOOGDec07400Call
SOHU
DRYS
GOOGMar08500Call
FROFeb0850put
CXJan0840put
ITRIJan08100put
UPLJan08...[阅读全文]
(2007-11-20 13:48:11)
Inyesterday’smarketupdate,Iwaspredictingareversalmightcomesoon.Weactuallygottworeversalstoday–luckily,themarketfinishedthesessioninpositiveterritory.EvenbeforetheUSmarketopenedthismorning,therewerealreadyreversalsinoverseasmarkets.Forexample,theHongKong’sHangSengIndexdroppedmorethan1000pointsbeforeclosingitssessionupbymorethan300points.At7amET,theDowfutureindicatedthatthemarketwouldopenhigherby...[阅读全文]
(2007-11-19 13:17:14)
Today’sTransactions:
DidaT+0tradeinDRYS:Boughtaveragedat$84.41andsoldaveragedat$85.38
Today’sReturn:-3.41%
Returnsinceinception(June05,2007):124.78%
S&P500ReturnsinceJune05,2007:-6.88%
Mypositions:
PG
UTSIJan0910Call
GOOGDec07400Call
SOHU
DRYS
GOOGMar08500Call
FROFeb0850put
CXJan0840put
ITRIJan08100put
UPLJan0880put
[阅读全文]
DidaT+0tradeinDRYS:Boughtaveragedat$84.41andsoldaveragedat$85.38
Today’sReturn:-3.41%
Returnsinceinception(June05,2007):124.78%
S&P500ReturnsinceJune05,2007:-6.88%
Mypositions:
PG
UTSIJan0910Call
GOOGDec07400Call
SOHU
DRYS
GOOGMar08500Call
FROFeb0850put
CXJan0840put
ITRIJan08100put
UPLJan0880put
[阅读全文]
(2007-11-19 13:16:13)
TheDowjustkeepsextendingits150+pointswingdaytoitsrecord.I’msuretherecordwillendprettysoon,ifnotjustthisweekasUSwillhaveitsThanksgivingholiday.However,bythattimethedamageprobablyisalreadymade.Mostindicesarenowbelowtheir200daymovingaverageline,whichisaveryimportantindicatortodefinebull/bearmarket.Ontheotherhand,Ihaveafeelingthatweareprettyclosetotherealcapitulationday.Allweneedissomereallybadnewsfr...[阅读全文]
(2007-11-16 13:33:20)
Today’sTransactions:
ClosedBHOaveragedat$13.74
Reason:Thiswasabadtrade.Lookingback,Iprobablyhaveenteredtheposition2or3quartersearlierthanwhatIshouldhave.Sojusttakelossandmoveon.
OpenedUPLJan0880putat$13.70Stopifthestockisabove$72
Reason:UnliketightpetroleumsupplysituationintheUS,thereisplentyofnaturalgasaround(andyoucannoteasilymovethemaround).UPListradedapremiumP/Eratiocomparedto...[阅读全文]
ClosedBHOaveragedat$13.74
Reason:Thiswasabadtrade.Lookingback,Iprobablyhaveenteredtheposition2or3quartersearlierthanwhatIshouldhave.Sojusttakelossandmoveon.
OpenedUPLJan0880putat$13.70Stopifthestockisabove$72
Reason:UnliketightpetroleumsupplysituationintheUS,thereisplentyofnaturalgasaround(andyoucannoteasilymovethemaround).UPListradedapremiumP/Eratiocomparedto...[阅读全文]
(2007-11-16 13:32:19)
Justasitseemsthemarketmightfinallybreakits150-pointswingrecordonthisoptionexpiryday.TheDowmanagedtoextenditsrecordduringtheafternoontrading.Ifthereisanyconsoleinvestorscanget,itisthevolatilitythatdidn’trisemuchduringthemarket’sdrop.Butthismayhavesomethingtodowiththeupcomingholidayweek.WarningsfrombothFedExandYRCshouldnotbetakenlightlyasthereisanincreasingpossibilitynowthatthecreditmarketproblemm...[阅读全文]
