Archive for December, 2007
Summary:
Dropped about 1.5% as the market generally dropped after the Fed was less accomodative than people thought it might be. My financial shorts did well, especially WM which announced more writeoffs, layoffs and a dividend cut. Drops in longs such as NRF more than erased these gains however.
I did alot of tax selling [...]
Summary:
Pretty much broke even for the week. I did a couple of swing trades in NRF and MBI for small profits. I added some SNEN and DHT and opened a position in ACY and SGTI, which reported great earnings recently. I wanted to buy ACY earlier, but glad I waited until it dropped from its [...]
Summary:
Finally some solace. Had my first positive week in November: a 4% gain (almost exactly what I lost last week). Most everything except miners were up. Returns were held down a little by the recovery in financials and housing stocks on Thursday and Friday (as I am short).
I added a little GA [...]