Wednesday, June 15, 2011

Bad, Bad Market

This market is bad. And I don't see any improvement soon.

I decided to do most of my blogging on Seeking Alpha (here).

One trade I didn't mention in the blog yet: I sold a small part of Intuitive Surgical (ISRG) position on Monday. This stock is mostly growing, but might have big swings. So I'm trading around the position, now is time to sell some.

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Thursday, June 9, 2011

Short Natural Gas

Natural gas shot a little bit high lately. Usually it was trading between $3.5 and $4.5 in the last couple of years, now it's just shy of $5.
Shorting is a risky game, so I chose safer strategy: bought some $12 July puts on UNG. We'll see how it plays.

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Monday, June 6, 2011

Buying Downturn

Week started down, as I expected. I think it's time to buy a little bit, for a trade. Using 4x2 system, two best candidates were: Waste Management (WM) and Intuit (INTU). I bought both. I'm trying to play volatility, hence yesterday's and today's buys. The best case if I can sell all three (including DECK) by the end of the week at a profit. Of course, trading is never about the best case, but I still hope for a profit. We'll see.

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Friday, June 3, 2011

Buying back DECK

Well, it's down to the price I like. Would I hold it for a while? Don't know. I don't really like current market. To put it honestly, I hate it. We'll see.

Apology is in order: I forgot to write here that I sold Waste Management (WM) position last Friday. I mentioned about this trade in my page on Seeking Alpha (http://seekingalpha.com/author/alex-filonov).

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