Behavioral Trader » Daily Wrap-up

Daily Wrap 07/27/07

behavioral — Tue, 31 Jul 2007 22:52:14 +0000

Summary:
Finally an up day. Gained 1.2% as ALSWF recoverd about 6%, tankers and miners held up, and my shorts did well.

Positions:
Long: JEQ NXG HBMFF ALSWF FFHL XSI NTLRF EXDUF GREXF MLKKF QADMF SHERF OKOFF OCNF ESEA MVO BWLRF SEA DRYS DSX
Short: GCI HBI HLS MNI AMZN YHOO BSC LEN TOL.
Options:
Cash: 23.3%
Short Pct: 17.1%
Trades: none.
Read:

Stocks Researched:

Hours spent on market: 1.0
Positions most worried about: XSI, can’t get in touch w/ management.
Positions most sanguine about:
Biggest market worries: rate rise induced meltdown
Thinking about:

Outlook ( up-flat-down surety rating: 1-5 reasoning):
US: down, 2.0; rates are rising, Bear Stearn and subprime getting worse.
Tech: ??
Japan: flat-down, 1.0; political wobbles and subprime resonance.
China: flat-down, 1.0; bubbly and subprime spread.
Silver: flat s/t, 2.0, price action; l/t up, 1.0, industrial demand.
Gold: flat s/t, 2.0, price action; l/t up, 1.0, industrial demand, GFMS study.
Copper: flat-up, 1.0. Strikes on the horizon.
Zinc: up, 2.0. Declining stocks.
Real life: Working on summer schedule, but busy w/ a special project.
Previous night sleep and exercise: 7.0 hrs; biking Thursday.
Mood: calm.

Daily Wrap 07/26/07

behavioral — Sun, 29 Jul 2007 08:17:52 +0000

Summary:
I thought yesterday was bad but today was even worse. ALSWF, which dropped 10%, was the big culprit. My orders for DRYS and DSX got hit today. Patience paid off. These guys ran up big last week and had I chased I would have been sorry.

Positions:
Long: JEQ NXG HBMFF ALSWF FFHL XSI NTLRF EXDUF GREXF MLKKF QADMF SHERF OKOFF OCNF ESEA MVO BWLRF SEA DRYS DSX
Short: GCI HBI HLS MNI AMZN YHOO BSC LEN TOL.
Options:
Cash: 23.6%
Short Pct: 17.5%
Trades: bought DRYS@54.34, DSX@26.00
Read:

Stocks Researched:

Daily Wrap 07/25/07

behavioral — Sun, 29 Jul 2007 04:13:37 +0000

Summary:
Got pounded down almost 3% today. AMZN exploded upward 24% on earnings news. I could have closed this when the news came out after hours and should have. Oh well. Though the loss was large, other positions, including ALSWF, did even worse.

My open order for MMG got hit today.

Positions:
Long: JEQ NXG HBMFF ALSWF FFHL XSI NTLRF EXDUF GREXF MLKKF QADMF SHERF OKOFF OCNF ESEA MVO BWLRF SEA.
Short: GCI HBI HLS MNI AMZN YHOO BSC LEN TOL.
Options:
Cash: 25.9%
Short Pct: 17.3%
Trades: bought MMG@3.60.
Read:

Stocks Researched:

Hours spent on market: 1.0
Positions most worried about: XSI, can’t get in touch w/ management.
Positions most sanguine about: ALSWF
Biggest market worries: rate rise induced meltdown
Thinking about:

Daily Wrap 07/24/07

behavioral — Sun, 29 Jul 2007 04:07:10 +0000

Summary:
Dropped 1.5% today as most of my big positions dropped.

Sold some more JEQ.
Positions:
Long: JEQ NXG HBMFF ALSWF FFHL XSI NTLRF EXDUF GREXF MLKKF QADMF SHERF OKOFF OCNF ESEA MVO BWLRF SEA.
Short: GCI HBI HLS MNI AMZN YHOO BSC LEN TOL.
Options:
Cash: 27.9%
Short Pct: 16.2%
Trades: sold JEQ@8.66.
Read:

Stocks Researched:

Daily Wrap 07/23/07

behavioral — Tue, 24 Jul 2007 00:59:02 +0000

Summary:
Slight 0.1% gain today. I noticed on Friday that metals prices are rebounding and decided to review my metals positions. I looked at MLKKF andQADMF among others and decided I liked the fundamentals on the latter better so purchased some today.

I also put in an order for MMG which is developing a large zinc mine in Idaho, among other things. They are pre-production so don’t have revenues yet. I am relying on other poster’s research on this one, but it seems to have potential.

I am decided to add to my short of BSC and to reinstate my TOL short.

Positions:
Long: JEQ NXG HBMFF ALSWF FFHL XSI NTLRF EXDUF GREXF MLKKF QADMF SHERF OKOFF OCNF ESEA MVO BWLRF SEA.
Short: GCI HBI HLS MNI AMZN YHOO BSC LEN TOL.
Options:
Cash: 23.4%
Short Pct: 16.4%
Trades: added QADMF@17.20, shorted TOL@24.61, shorted more BSC@134.10.
Read:

Stocks Researched:

Daily Wrap 07/20/07

behavioral — Tue, 24 Jul 2007 00:41:05 +0000

Summary:
Finished down 1.1% today and slightly down for the week after a stellar first two weeks of July. No trades today.

Positions:
Long: JEQ NXG HBMFF ALSWF FFHL XSI NTLRF EXDUF GREXF MLKKF QADMF SHERF OKOFF OCNF ESEA MVO BWLRF SEA.
Short: GCI HBI HLS MNI AMZN YHOO BSC LEN.
Options:
Cash: 25.9%
Short Pct: 13.7%
Trades: none.
Read:

Stocks Researched:

Daily Wrap 07/19/07

behavioral — Tue, 24 Jul 2007 00:37:22 +0000

Summary:
Gained 1.5%. Continued to reduce XSI.

Positions:
Long: JEQ NXG HBMFF ALSWF FFHL XSI NTLRF EXDUF GREXF MLKKF QADMF SHERF OKOFF OCNF ESEA MVO BWLRF SEA.
Short: GCI HBI HLS MNI AMZN YHOO BSC LEN.
Options:
Cash: 25.3%
Short Pct: 13.7%
Trades: reduced XSI@1.86.
Read:

Stocks Researched:

Daily Wrap 07/18/07

behavioral — Tue, 24 Jul 2007 00:33:17 +0000

Summary:
Gained 0.8%. Sold short some LEN. I should have just kept this, but housing remains rocky and the news isn’t getting better. Also sold some NXG and some OKOFF.

Positions:
Long: JEQ NXG HBMFF ALSWF FFHL XSI NTLRF EXDUF GREXF MLKKF QADMF SHERF OKOFF OCNF ESEA MVO BWLRF SEA.
Short: GCI HBI HLS MNI AMZN YHOO BSC LEN.
Options:
Cash: 24.5%
Short Pct: 14.0%
Trades: sold OKOFF@0.84, sold NXG@3.17, shorted LEN@34.
Read:

Stocks Researched:

Daily Wrap 07/17/07

behavioral — Wed, 18 Jul 2007 07:21:26 +0000

Summary:
Slight loss today of 0.2%. I saw dry bulkers start to run today and decided to add though most of my open orders weren’t able to catch up to them. To make room for them in my IRA I dumped some JEQ. I also tried to increase my MNI short only to find out there are no shares available.

Late in the day, BSC reported two of their troubled funds are now almost worthless. Both the company and Asian markets are trading off after hours. Expect some turmoil tomorrow.

Positions:
Long: JEQ NXG HBMFF ALSWF FFHL XSI NTLRF EXDUF GREXF MLKKF QADMF SHERF OKOFF OCNF ESEA MVO BWLRF SEA.
Short: GCI HBI HLS MNI AMZN YHOO BSC.
Options:
Cash: 23.3%
Short Pct: 13.5%
Trades: bought SEA@13.07, reduced JEQ@8.66.
Read:

Stocks Researched:

Daily Wrap 07/16/07

behavioral — Wed, 18 Jul 2007 06:57:48 +0000

Summary:
Got thumped for a 1.4% loss today. Not very surprising given the big portfolio run up this month. The big loser was ALSWF, which dropped 5%. I had bought some for my sister on Friday and this left me kicking myself for that trade, though I think it will work out in the end. Today’s drop didn’t cause me much worry.

No trades today.

Positions:
Long: JEQ NXG HBMFF ALSWF FFHL XSI NTLRF EXDUF GREXF MLKKF QADMF SHERF OKOFF OCNF ESEA MVO BWLRF.
Short: GCI HBI HLS MNI AMZN YHOO.
Options:
Cash: 21.9%
Short Pct: 13.4%
Trades: none.
Read:

Stocks Researched: