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Monthly Archives: March 2007
Daily Wrap 03/19/07
Summary: Quietly gained 0.7% today. Nothing I owned moved by more than 3%, in contrast to recent volatility. Last night the Shanghai Composite rose 3% to above 3000 and is close to the record it set before the 8% fall … Continue reading
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Daily Wrap 03/16/07
Summary: Finished the week with an 0.6% gain. This thanks to the Absolute effect, as in Absolute Software (ALSWF). The company, which offers a laptop security service, has been on a tear recently, and with good results and a growing … Continue reading
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Daily Wrap 03/15/07
Summary: Yesterday’s recovery continued today and this time I participated, gaining 1.9%. It would have been an even better day, but I closed my CME early in the morning at 548 only to see it fall under 533. Unfortunate, but … Continue reading
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Daily Wrap 03/14/07
Summary: Yesterday’s reversal extended into today’s session, then reversed again. It wasn’t quite enough to get me positive, especially in light of yesterday’s trades, but was better than the low. I was down over 1% mid-day but finished 0.4% below … Continue reading
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Daily Wrap 03/13/07
Summary: Risk returned today and my portfolio sank 2.6%. The only green I had today was my BKC short. Miners got hit especially badly but everything was down. Another speed bump? The breadth of the downturn was impressive. I’m back … Continue reading
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Daily Wrap 03/12/07
Summary: Gained 1.1% today as ALSWF jumped 5% and Japan and miners were generally solid. It was a quiet day in the general market. News that NEW‘s creditors have cut funding (implying this company is done), sent shockwaves through the … Continue reading
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Daily Wrap 03/09/07
Summary: Finished down 0.4% on a quiet trading day. Looks like people are taking a break from all the excitement of the last two weeks. My big movers were TNH , up 2.8%, and XSI, which lost 5.5%. I’ve been … Continue reading
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Daily Wrap 03/08/07
Summary: Finished up 0.8%. Looked better midday as JEQ was up big following the Nikkei’s 2% rise last night. But it closed only marginally higher. Miners also retreated steadily from opening gains, as precious metals moved sideways. Copper, however, jumped … Continue reading
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Daily Wrap 03/07/07
Summary: The benign environment continued today and I ended up 1.0%. Very few red positions and one of those was BKC, which I’m short. It looks more and more like the recent squall has passed for now though its too … Continue reading
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Daily Wrap 03/06/07
Summary: What a difference a day makes. From the opening of the Nikkei last night, all the gloom and doom disappeared in a flash of bullishness. I ended up 2.6%, which covered my losses from yesterday. So end of the … Continue reading
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