On days like this, it’s helpful to remember that you can actually MAKE money too on other days.
I meant to update my 2007 performance, using Cake’s charts, since they roll over once per month. I think my long portfolio was up 42% in 2007 - but I’m definitely feeling the pain today.
Entries from January 2008
Bookkeeping: 2007 performance +42%; today - AWFUL
January 15th, 2008 · No Comments
Tags: performance
Using pair trades to "muddle through" this rough environment - long INTC, short KLAC
January 3rd, 2008 · No Comments
I read Mish’s posting on Minyanville yesterday, which paints a pretty tough picture heading into 2008:
I have received many emails recently in regards to yield and inflation adjusted returns. The most common complaint goes something like this: “Prices are rising at x%, the CPI is a crock, so if I get less return than x% then […]
Cisco breaking $27 support intraday, though I’m staying long
January 2nd, 2008 · No Comments
I’ve recently bought a couple lots of Cisco (CSCO) from $27.50 to $29.50, thinking that I had near term support at $27. As of this writing, CSCO has broken through the $27 level, and now sits near $26.25, which surprised me. Normally, you’re supposed to sell when a stock breaks a support level, but I’m […]
Tags: CSCO
