Well, I am still here. Due to few personal issues, I couldn’t really post updates even though I have been trading on and off and watching market everyday. Here’s the update on my trades since I put up a post on Feb 26th. I have had both winners and losers but my losses were huge [...]
Where is RJ?
April 14th, 2009 · 7 Comments · General
Feb 24th Update
February 25th, 2009 · No Comments · General
Few mistakes today: 1. Went short RMBS even though I was planning to play it LONG. I went SHORT because Muddy in the chatroom said he is going to short it. I couldn’t go LONG after that and I got confused about the price action after that. Mind you, I am not blaming Muddy for [...]
Feb 24th Watches
February 24th, 2009 · 2 Comments · General
1. CAB – It moved from 6$ to 8$ based on earnings news. CAB is a specialized retailer for hunting, fishing and other related products. Today, it didn’t really come back down, but I think it should give back some of this massive 2$ move tomorrow. Another nice thing about the stock is that it [...]
Feb 23rd Update aka FAZ rocks!
February 24th, 2009 · 3 Comments · General
Well, as I wrote in my last post, holding HIG and PRU short was not a good idea. HIG was spiking in the pre session today. I did have a strong feeling that all the financials will gap and crap (and they exactly did that), I could not risk holding 1500 shares of HIG short. [...]
Feb 20th Update
February 24th, 2009 · No Comments · General
Sorry, I could not update my Friday’s trades right away. Did pretty well until the market end. Financials spiked very hard in the last hour and I got caught up in that. Against my better judgment, I decided to hold over the weekend. It did turn out to be a very costly mistake. Status as [...]