Summary:
Finished up 1.3% today. Miners did well and EGLE and TNH were both up over 5%. The Chinese funds I sold yesterday, FXI and TDF , did well and are above where I dumped them.
Is that all there was to yesterday’s squall? I don’t think so, but its too early [...]

Summary:
What a great day for my short positions! And I think I was up like 1% in the last 15 minutes of trading today:-). The 6 hours and 15 minutes before that were a little sketchy though (to put it mildly) and resulted in a 5.2% loss, wiping out much of my [...]

Summary:
Down -0.2% for the day. Miner strength couldn’t make up for weakness most everywhere else. Added more LMGGF and was rewarded as it kept rising. They reported earning tonight which looked very good, though hard to know what expectations are for a small company like this.
In an impatience trade I bought back [...]

The April subprime mortgage originator meltdown halved the value of my portfolio, but my wealth was still near where it had been the previous September.  As summer came around, things began to recover and the shock began to wear off.  It wasn’t the Amazon debacle, which took about a year to shake. 
I had just [...]

Summary:
Capped off a good two weeks up 0.7% for the day.  Made most of my money today in miners, with small contributions from Japan.  All my China-related plays were down.  Miners have done well as base metals like copper are recovering, while precious metals continue to trend up.
ACY and TNH recovered today, the former by [...]

Summary:
My win streak extending back to last Monday was broken today. Finished down 0.2% on a much calmer day. Only ALSWF moved more than 5%, to the downside. My sales of ACY , NFI, and TNH are looking prudent. I still like ACY and TNH at lower prices. Must [...]

Summary:
More fireworks today resulting in a 1.4% gain. Biggest movers were: XSI up 13.5%, BULK up 12%, AUY up 5%, and TNH down 7.7%. No news on XSI. I read that BULK was apparently upgraded by Cantor Fitzgerald but couldn’t confirm. TNH was up 7% before crashing. I [...]

Summary:
Lot’s of fireworks today resulting in a 1.3% gain. Six positions with >4% gains: LMGGF 4.6%, AOB 6.5%, TNH 6.7%, XSI 8.8%, ALSWF 15.5% (split between yesterday and today when the Canadian markets were open), and ACY up 23%! I can’t explain this last one and so sold at 19.00 for [...]

Summary:
With today’s 0.5% gain, I was up every day this week. ACY rose another 10%. Its up 21% since I bought it yesterday – probably my most timely purchase ever. Too bad its such a tiny position. I mentioned yesterday that this stock was reported to be on [...]

As has been related, on April Fool’s Day 2004 my net worth was at a high and almost twice the level of the previous September. Year to date I was up almost 40%, mostly on an overweight positions in subprime mortgage lenders. It was the perfect environment: low mortgage rates, easy access for [...]