http://behavioraltrader.com Just another WordPress weblog Tue, 30 Jun 2009 19:18:24 +0000 http://backend.userland.com/rss092 en unprofitable lots of debt bad business to be in not shortable but calls available http://behavioraltrader.com/2009/06/30/wpp/ Summary: Was happy to break even in auguration week despite the averages being lower.  Bought a tad of NRF-B and some ONAV and closed my LEN short, while selling NRF.  I think we are still going down some more, but don't get a strong sense. Positions: Long:  ALSWF AGNC CFC-B GREXF MDNNF MEAOF  ONAV NRF NRF-B SGTI ... http://behavioraltrader.com/2009/01/24/week-ending-1-23-09/ Summary: Lost 2.0%, breaking a string of 5 weekly gains.  I dumped more NRF-B and CMO, and some ONAV, was assigned some NRF, and sold the Feb 45 SHLD call.  I expect a correction.  Cash is up to 40%. Positions: Long:  ALSWF AGNC CFC-B GREXF MDNNF MEAOF  ONAV NRF NRF-B SGTI SNEN WHX. Short: CRM GAP GCI HOT LEN MEG TOL. Calls ... http://behavioraltrader.com/2009/01/24/week-ending-1-16-09/ Summary: Gained another 4.6% last week as financial such as NRF and CMO gained and my shorts performed well too.  I sold into strength dumping a bunch of NRF, and some NRF-B SGTI and SNEN.  I finally got out of the CFC-B for a small profit.  The poster's convergence theory (to ... http://behavioraltrader.com/2009/01/24/week-ending-1-9-2009/ Summary: Gained 4.1% last week.  I lightened SNEN, CMO, and NRF-B.  I hope to swing trade the latter two.  I was in and out of GKK-A, which hit my stink bid when announcing the dividend would no longer be paid.  I sold as my purpose was the dividend.  I started a ... http://behavioraltrader.com/2009/01/24/week-ending-1-3-08/ Summary: Gained 1.4% in last full week of the year.  SNEN reported earnings above expectations, but most was from a one-time gain.  Besides that they were inline, but there was no reaffirmation of guidance like in October.  IR said they've decided not to issue guidance anymore which I find worrisome.  I'll ... http://behavioraltrader.com/2009/01/24/week-ending-12-26-08/ Summary: Managed a 1.8% gain last week.  It would have been more but I have been raising cash and my short position in anticipation of another dip.  It didn't come this week, and I don't know if it will come this week, but I think it will come.  When it does, ... http://behavioraltrader.com/2008/12/20/week-ending-121908/ Summary: Gained 2.6% last week.  I spent most of the week selling, dumping OCNF, CNEH and the last of my AHR-C, trimming NRF, NRF-B, CMO, and RICK, and shorting more CRM, FAF, and TOL.  The only buy I made was covering the rest of my HOG short. I guess you could say ... http://behavioraltrader.com/2008/12/18/week-ending-121208/ Summary: The gains don't last as I fell 3.4%.  Did a bunch of swing trading mainly of NRF and CMO and sold some OCNF.  I added to my FAF short and sold short some TOL.  Those blew up in my face on Friday.  I also sold some Jun 5 NRF puts. The ... http://behavioraltrader.com/2008/12/07/week-ending-12508/ Summary: Finally a little redemption after 2 hard weeks as I gained back 22.3%. For the week I sold some ANH and SGTI as well as shorted IP and CRM.  I closed my FAF short and part of my HOG short.  I added a little CNEH. Positions: Long: AHR-C ALSWF ANH CNEH CFC-B GREXF ... http://behavioraltrader.com/2008/12/07/week-ending-11-28-08/