Hello All......I hope everyone had a great Summer.....Glad to be back home.....My wife and I spent the Summer traveling to Hawaii and Alaska.....I had the best hunting experience of my life in Africa (The wife didn't make it to Africa, but my youngest son came with me) and I got some great pictures to share with everyone.... Don't think I wasn't on top of my game when I was away.... I also had my youngest son watching the portfolio and he did very well for a college grad (He actually gets the market and is passionate about it)....So......To the Markets Right!!!! The Summer has been pretty easy actually....I have been holding((((YIELD))))) and actually have some impressive capital gains...... Tobacco, Utilities (Telephone, Gas, Power, Water), Reits, Tankers, Supermarkets, Drug Stores, Prepared Food, Alcohol, Meat, Telecomm (Cellular and Services), HMO's, Hospitals, Nursing Homes, Healthcare Products, Drugs (Generic and Big Pharma), Petroleum (Oil and Gas), Software (business and Desktop), Cosmetics, Paper and Income Funds.....Many other sectors were left out, but this is where I am Overweight 6/8 and 6/13 (This was a very key reversal day) were the days to load up in Miners, Steel, Petroleum, Foreign Banks and International ETF's...JUST ABOUT ANYTHING...I did my best and got almost fully invest on this day 7/17, 7/18 and 7/21(Option expiration Day) was the day to start getting back into Tech, Oil (Positions that were sold in early July) and even Home builders......I opened some smaller positions here....7/21 was the end of a serious manipulation of commodity stocks I have been taking profits over the last two days pretty heavily and on MONDAY started building up short positions in The Direxion Funds Developed Market 2.0X Short Fund, DIREXION FUNDS EMERGING MARKETS, DIREXION FDS SMALL CAP BEAR 2, DIREXION FDS S P 500 BEAR 2 5X.....ALSO...QID, MZZ and DXD.... Currently I am about 25% Short--- 70% Long---- 5% Cash I will try to get an excel sheet up..... NOTE TO ALL----I have noticed that many Mutual Funds are pretty close to the levels they were at around May 11th....I just have a hard time believing that we will go back and A) break through the May 11th highs B) That this short squeeze will continue for another 50 points on the S&P C) Option expiration rally/Short squeeze on light volume last week, that took us back through the 200 day M/A on the Russell 2K, will take us to new highs and provide support at the 200 day M/A.....ALL in ALL I feel last weeks rally was a golden time to SELL.... ONLY TIME WILL TELL.....GL to all and Good Trading to you $COSTAverageMAN
Thanks!!!! The picture on the right 3rd from the top is a lion and took more than one round... What I have been buying last week and so far this week.....These are only the positions in the green 8/22---CME 8/22---XMSR 8/21---BOT 8/21---TRU 8/21---PTRY 8/18---WLM 8/18---GTW (Took some profits yesterday) 8/17---MLS 8/17---PERY 8/16---PGWC (Took some profits yesterday) 8/16---HOKU (Took some profits yesterday) 8/16---PLUG (Took some profits yesterday) 8/16---ZP (Took some profits yesterday) 8/15---TZOO 8/14---ISE (Took some profits yesterday) 8/14---TGB 8/14---AVII 8/14---BCRX 8/14---BIOM 8/14---PEIX (Took some profits yesterday) 8/14---MGPI (Took some profits yesterday) 8/14---CNI 8/14---FTGX (Took some profits) 8/14---BKHM (Took some profits) 8/14---AVNX (Took some profits) 8/14---AFOP (Took some profits) 8/14---SMSI (Took some profits) 8/14---JDSU (Took some profits) 8/14---UARM 8/14---SIRO These are my most recent transactions on the buy side..... $COSTAverageMAN
Glad to hear you had such a good holiday. However I do feel that the posting of ones big game kills on this forum is in bad taste and extremely offensive. Am sure there must be lots of other forums where you can share your adventures with likeminded individuals. This site is not one. Also whoever is supposed to be moderating this site since when has pictures of big game kills got anything to do with the financial markets? LotsOfLoot
Mods, if any particular fool finds the photographic journal of $costaverageman$s ENJOYMENT of the money he has EARNED and spent on a hunting holiday offensive, please do not delete, they are more than welcome in my thread HERE; http://www.elitetrader.com/vb/showthread.php?s=&threadid=67503 Yes, in chit chat, but it would be a bloody travesty to delete these shots, period. Shooting stuff and big game hunting, has absolutely EVERYTHING to do with trading. Sorry for the interruption, carry on.
You must be totally lost to believe hunting prey has nothing to do with the financial markets.... pansy...
Hi Acronym How reassuring to know that neanderthal man is alive and well. I will rest so much easier in the knowledge that such brave individuals are defenders of world peace. Now please be a good boy and go away and play with your toy gun.
political Correctness IS a Religion. Trading and Political Correctness do NOT mix well. The idea that you would go out of your way to post your comments on someone elses thread is absurd. Go start your own thread. FWIW, Neanderthal was not the Great Hunter. Cro-Magnon the ancestor to modern Europeans was the AMAZING HUNTER. The greatest the world the world has ever seen. No wonder his descendants invented the Gun and are still posting pics of their kills on trading forums in 2006. Nature at her finest. CostAverageMan----I am glad to know you. Good Job. To bad you could not hunt Politically Correct fools who drive by post on Trading Forums.
Many thanks mschey for your mature contribution. Am absolutely staggered with the breath of your vocabulary. How refreshing to engage is such a candid exchange of views with an individual of such obvious intelligence.