SRS @ 50.39
JASO @ 2.63
I wanna hold these for a longer swing trade. They have been beaten down and I think there is a considerable amount of upside room here.
Saddle Up Cowboy Fans!
15 years ago
Thursday, January 29, 2009
Pardon me
With the outgoing President here come the pardons. From just looking at the list it seems to be a good amount of pardons for narcotics. Not pardoned but communed, the most deserving was Ignacio Ramos and Jose Compean. Yes they committed a crime, but I believe their sentence was harshly overstated and unfair.
Wiki Link to List of Pardons
Number 86 on the list is hilarious,
"Jason Welge who was charged with conspiracy to endanger penguins in violation of the 1907 U.S. Penguin Ceasefire."
Wiki Link to List of Pardons
Number 86 on the list is hilarious,
"Jason Welge who was charged with conspiracy to endanger penguins in violation of the 1907 U.S. Penguin Ceasefire."
US Power Generation
This topic came up the other day, I’m not sure exactly how or why. The question proposed: What was the most prominent source of electrical power generation in the United States? Someone said nuclear power and I disagreed. I couldn't name the biggest source (I know Dad, I should know this) but I knew it was some sort of fuel that burned to turn a turbine.
I thought because coal was so bad for the environment that it would not account for 50% of generation. Surprise surprise. A diagram of electrical generation output:
Is that diagram about right? What do you see as being the biggest source in the decades to come?
I thought because coal was so bad for the environment that it would not account for 50% of generation. Surprise surprise. A diagram of electrical generation output:
Is that diagram about right? What do you see as being the biggest source in the decades to come?
Tuesday, January 27, 2009
Friday, January 16, 2009
Obamarama!
My trading account has prospered from this roller coaster of a week. I was net short so during Thursday's big fall I was able to capitalize on that. Among my purchases were:
SRS @ 61.50, out at 67.40
EEV @ 56.10, out at 61.25
FAZ @ 52 out at 62
These inverse ETFs have been bery bery good to me in 2009. 10% MTD.
As far as my 2008 trading records, what a mess. F*$#@ oil companies and Cramer...
That is all.
SRS @ 61.50, out at 67.40
EEV @ 56.10, out at 61.25
FAZ @ 52 out at 62
These inverse ETFs have been bery bery good to me in 2009. 10% MTD.
As far as my 2008 trading records, what a mess. F*$#@ oil companies and Cramer...
That is all.
Sunday, January 11, 2009
Trabajo?
2.5 million, 3 million, no... 4.1 MILLION JOBS!
"Estimates are subject to significant margins of error — because of the assumptions that went into the economic models and because it is not known what might pass Congress."
Of the $775 billion plan, if it "created" 4.1 million jobs then each job made would cost $189,024. Is that minimum wage these days?
Good quote I saw this morning:
For the uninitiated, the moral of the story is simply this: Politicians invariably respond to crises — that in most cases they themselves created — by spawning new government programs, laws and regulations. These, in turn, generate more havoc and poverty, which inspires the politicians to create more programs . . . and the downward spiral repeats itself until the productive sectors of the economy collapse under the collective weight of taxes and other burdens imposed in the name of fairness, equality and do-goodism.
Down the rabbit hole we go!
"Estimates are subject to significant margins of error — because of the assumptions that went into the economic models and because it is not known what might pass Congress."
Of the $775 billion plan, if it "created" 4.1 million jobs then each job made would cost $189,024. Is that minimum wage these days?
Good quote I saw this morning:
For the uninitiated, the moral of the story is simply this: Politicians invariably respond to crises — that in most cases they themselves created — by spawning new government programs, laws and regulations. These, in turn, generate more havoc and poverty, which inspires the politicians to create more programs . . . and the downward spiral repeats itself until the productive sectors of the economy collapse under the collective weight of taxes and other burdens imposed in the name of fairness, equality and do-goodism.
Down the rabbit hole we go!
Friday, January 9, 2009
1st trading week of the year
Activity for the month so far...
Bought 200 AKAM at 16.45 stopped out at 15.48. (-216)
Short 100 NOV at 29.54 covered at 28.92 (+41)
Bought 200 LDK at 13.31 sold at 16.30 (+578)
Short 200 M at 10.68 stopped out at 11.38 (-161)
With "Barrack the Builder" being pro renewable energy it seemed only logical to pick a solar. Luckily for me, LDK outperformed all the others by a long shot.
Shorting M didn't seem like a horrible idea. Walmart's bad report plus Macy's store closings made me want to go short. With a little conviction and cojones of steel I could have came ahead because M is printing 10.30 as of the close.
2% month to date. I'll take it.
Bought 200 AKAM at 16.45 stopped out at 15.48. (-216)
Short 100 NOV at 29.54 covered at 28.92 (+41)
Bought 200 LDK at 13.31 sold at 16.30 (+578)
Short 200 M at 10.68 stopped out at 11.38 (-161)
With "Barrack the Builder" being pro renewable energy it seemed only logical to pick a solar. Luckily for me, LDK outperformed all the others by a long shot.
Shorting M didn't seem like a horrible idea. Walmart's bad report plus Macy's store closings made me want to go short. With a little conviction and cojones of steel I could have came ahead because M is printing 10.30 as of the close.
2% month to date. I'll take it.
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