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nuf2bdangrus (< 20)

August 2008

Recs

2

OK Mr Market...let me be sure I understand this

August 28, 2008 – Comments (0)

GDP a one off # because of stimulus checks and weak dollar.  [more]

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0

Under the hood

August 28, 2008 – Comments (3)

Selling DIA on strength and buying SKF on weakness

 

http://online.wsj.com/article/SB121994369717380263.html?mod=yahoo_hs&ru=yahoo

Recs

8

Guaranteeing failure by rewarding it

August 22, 2008 – Comments (7) | RELATED TICKERS: BSC , FMCC , GM

Our culture has so embraced the idea of "this time we can't allow failure because of blah blah blah"  [more]

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0

For discussion-what will the markets response to FNMA and FRE be?

August 20, 2008 – Comments (2) | RELATED TICKERS: SKF , GLD

Both the June selloff, culminating with the panic ended by "Eat my shorts"  Hank-- your taxpayer dollars are my taxpayer dollars providing the backstop in June, and the selloff of the last week  are precipitated on the fear of the GSE's going under.  It is a foregone conclusion that they are toast-examples of quasi government run entities at their worst, unable to provide autided statements, lobbying congress, and political hacks getting rich on the watch.  [more]

Recs

17

Read this and be warned

August 14, 2008 – Comments (8)

Yes, you can spin my CAPS cap.  But I'm preparing for what I think will be nasty.  Every time I let the market chearleaders cower me out of my shorts, I come to artticles like this.  Another noteworthy one, which is a must read, is Jeremy granthams' quarterly report to his investors.  I have used his fund for years with success for my clients.  [more]

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13

Be careful..it's dangerous out there

August 08, 2008 – Comments (3)

Given the massive swings we have had, up 300, down 250, up 300...I want to caution everybody..it is dangerous out there.  [more]

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2

Keeping it small and keeping hedged-waiting for the buy of a lifetime.

August 07, 2008 – Comments (8)

I have made various posts about frustrations of the volatility in this market.  A few steps back and some good CAPS commentary, and some careful stockpiking gives me a chance to rebound my score and portfolio.  I try to keep my CAPS in mirror with my real holdings, except sometimes I don't get my price on a stock, put, or call.  [more]

Recs

1

Keeping it small and keeping hedged-waiting for the buy of a lifetime.

August 07, 2008 – Comments (2)

I have made various posts about frustrations of the volatility in this market.  A few steps back and some good CAPS commentary, and some careful stockpiking gives me a chance to rebound my score and portfolio.  I try to keep my CAPS in mirror with my real holdings, except sometimes I don't get my price on a stock, put, or call.  [more]

Recs

7

Bear market rallies-

August 05, 2008 – Comments (3) | RELATED TICKERS: COF , SKF

In a recent post, I said I was out.  Couldn't take the volatility.  After a lot of reading and careful consideration, and a lot of excellent posts from CAPS community, I decided to break the account into 2.  A long term investment account, with limits on my favorite stocks at crash prices, and a smaller trading account, where hopefully with fewer dolalrs I can mitigate volatility induced mistakes.  The long term account is atill 90% cash.  I don;t think it will become invested fully for months.  [more]

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