Saturday, 26 September 2009

Turning point in the market? Guess everybody waiting to see if resistance would hold up at 1040. Earnings should be coming around the corner. Should be easy for companies to meet lowered expectations. Don't really have a plan yet. Just having a wait and see stance. Trying to look for points to sell as the market seem to dip this week. Want a bigger cash position and maybe start hedging for a reversal.

Anyways weekend going pretty good. got sunburned already. Thinking about continuing with the college thing. Time to get busy

Sunday, 20 September 2009

payday weekend

suposdly got off the long working hours. I'll see next week. Having a pretty good weekend so far, sat went to the Dodgers vs Giants game. Giants lost big time 12-1. Pretty ugly game. Visiting friend and family in La for the rest of the weekend.

being very complacent with the stock portfolio. Easy to do wen the market just goes up. Should have covered my short on CLF while it was still profitable. Thinking about getting puts on the s&p 500 etf or something. Also keeping a lookout for companies doing bad on this rally. I mean if you rally with everybody in this market, something must be really messed up with your company.

Saturday, 12 September 2009

slacking

Been slacking since I took leave. Gained about 10lbs. Gotta get back to the gym get down to 155 or 150. Haven't updated this blog in a while or keep up the markets as much as I wanted too. Good thing the market has been going straight up the last few weeks. Gonna look to sell soon and start hedging on the eventually downturn.

I actually have 3 portfolios. 1 is on interactive brokers with someone else manging it. The other 2 are on Schwab. The ones on Schwab.com show up on Covestor.com as 1 big portfolio even though they are split. Using slightly different strategies on both portfolios on Schwab. But it seems like the portfolio where I been using my own ideas and holding long term is doing better than the other ones.




Been spending too much money too, not on leave anymore gotta cut back on it. Settling into my new unit already. Very busy place. Long work hours, but I'm glad I'm back in the states.