Archive for: April 2009

I think I’m starting to fall prey to letting my emotions enter my trading decisions.  I’ve been far too underinvested ever since I said it was time to buy.  After not listening to …

I’ve talked about the Dow Jones having a hard time reaching and staying above the 8,150 area for a while.  This morning after the bad GDP numbers were released the Dow soared and made it above …

I exited my last USO position with a loss.  That was on March 23rd.  Now that I’ve waited 30 days I can trade it again without having to worry about the tax implications from the wash rule stopping me from …

Today I’m posting two views of the Dow Jones ($DJI) chart.  One is for the past six months and the other is only for the past one month.  On the six month chart I attempted to draw the same trend …

I own Foster Wheeler (FWLT) in my IRA and charted FWLT early this afternoon to decide if I should keep it or not.  Not only did I decide to keep it and put a limit order for out …

With my continuing bearish attitude towards the overall markets I moved my attention to gold and more specifically the major gold ETF, GLD.  I started with a limit order on a debit vertical call spread, but decided to switch it to a …

After April options expired this past weekend I’m left with little exposure in my account in either direction.  I only have three positions where I have investments, two stocks and one ETF.  That leaves me with a lot of cash …

I posted a Dow Jones chart last week and pointed out the line of demarcation looked like 8,150 to me.  On Thursday and Friday the Dow was able to climb above that mark intraday, …

I did well on some of my positions for April’s option expiration and others left a lot to be desired.  Basically I lost on all of my long options (the ones I bought) and did well on most of short …