Blocks.Com | My Blog | Most Recent | My Subscriptions |

March 2009

Positions review

AIG – Still in positive territory on the range bands, but its going to take a lot of time to unravel the mess this company has become.

Last Updated: Saturday, March 28, 2009 7:03 AM

Weekly Update - 3/27/2009

Overall 18% stocks and 82% cash and equivalents.  Stocks position close to unchanged from last week since some of my longs got called away due to options expiration.  This was offset by new position i
Last Updated: Saturday, March 28, 2009 4:31 PM

MYGN

 I'm back into my old friend MYGN.  Its had a pretty orderly pullback from a recent high and is currently forming a pennant formation. Recall that the stock will break either side of the pennant befor
Last Updated: Tuesday, March 24, 2009 12:55 PM

Positions Review

AIG – Added this week.  Much uncertainty ahead but downside is limited due to already low stock price and small position size in the portfolio. Last Updated: Saturday, March 21, 2009 7:10 AM

Weekly Update - 3/20/2009

Overall 18% stocks, 72% in cash and equivalents.  Last week’s rally in the financials had some carryover into this week.On M
Last Updated: Saturday, March 21, 2009 7:12 AM

Where does all this bailout money come from?

Hi all.  Before you get too outraged about all these government bailouts, its interesting to get an education on the Federal Reserve, Treasury, etc, etc.  The News Hour on PBS did an excellent overvie
Last Updated: Thursday, March 19, 2009 9:01 AM

Positions review

FAS - Have a hefty profit here with cost at 3.20 but capped with the 4.0 call.  Not much to do here but wait for options expriration.  Looking at other plays in FAS because once its gets past 6 we cou
Last Updated: Saturday, March 14, 2009 8:18 AM

Weekly Update - 3/13/2009

Overall 14% stocks, 86% in cash and equivalents.   I had a decent week which was welcome after recent action.   Having washed out last week the last of my longs, it was time for a bounce!

Last Updated: Saturday, March 14, 2009 6:45 AM

Watch for falling yields!

Taking a look at my monthly E*Trade bank statement, I see that they quietly lower their yield 3 times in February.  Late last year, they were paying 3.5%.  When I put the money in in early January, it
Last Updated: Tuesday, March 10, 2009 6:57 AM

Positions review

NEOG – Just took out the 2008 low at 19.10 and I’m now underwater on the stock.  Still out-performing the SP-500 over the past few years. Last Updated: Saturday, March 07, 2009 6:42 AM

Weekly Update - 3/6/2009

Overall 10% stocks, 90% in cash and equivalents.  Stocks position down 14% this week due to further long side liquidation.  It was an absolutely brutal week, and it’s hard to believe the SP-500 is dow
Last Updated: Saturday, March 07, 2009 6:05 AM

ADP

Here's a look at Automatic Data Processing, the venerable business services company co-founded by NJ Senator Frank Lautenberg.  ADP is a very well-run company with a broad and diverse range of busines
Last Updated: Thursday, March 05, 2009 9:06 PM

ZSL - Ultrashort Silver

Picked up one lot of ZSL - Ultrashort Silver ETF.  I think the metals are a bit over-owned at this point and both Silver and Gold are due to take a break.   Paid about 12.90 this morning with a tight
Last Updated: Tuesday, March 03, 2009 9:59 AM