In Thailand right now. Don't have the time to keep up with the market. Be back in march.
Holding positions in DXD, JPM, BAC and a small position in USO. Separated BAC into its own account. So the losses are easier manage and offset with the other account. Might set a few stop limits on DXD and USO. Anybody else think there be a rally once Obama starts his stimulus plan?
bah- market sentiment changes to fast.
Friday, 30 January 2009
Tuesday, 6 January 2009
Back in Okinawa
Alright back in Japan. But I don't think I'm ready for vacation being over. Going to be going to Thailand in about 2 weeks. So maybe this is going to be an extended break. hahaha. dunno if i want keep looking at my portfolio.
Have a huge position in cash. A long position in BAC. An awkward position with DXD. Don''t really know what to do with dxd. It logical that I keep as a hedge against the recession. But the size of the positions puts me at a bad spot. Compared to the rest of my portfolio is about the same size of my position in BAC and JPM. I think my position is too big. And with Obama inguaration in Jan, might be some rallies.
My long postion in BAC will prob continue to decline in 2009. But hopefully if that happens DXD or other short exposures will offset it. Missed the rally in commodities. but mabye it go down again, and I'll see if i can fish for a price. Overall out look in 2009 is not good, and predict that market fluctuates as it goes between rising on "hope" and falling on "reality".
Have a huge position in cash. A long position in BAC. An awkward position with DXD. Don''t really know what to do with dxd. It logical that I keep as a hedge against the recession. But the size of the positions puts me at a bad spot. Compared to the rest of my portfolio is about the same size of my position in BAC and JPM. I think my position is too big. And with Obama inguaration in Jan, might be some rallies.
My long postion in BAC will prob continue to decline in 2009. But hopefully if that happens DXD or other short exposures will offset it. Missed the rally in commodities. but mabye it go down again, and I'll see if i can fish for a price. Overall out look in 2009 is not good, and predict that market fluctuates as it goes between rising on "hope" and falling on "reality".
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