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Insiders Club 10-6-2009 Bookmark


Update

 

1:20pm

The market has retreated from this mornings orgy, with the DOW up 120 now. ( We had printed 160)

As you know, this is what we have:

4000 shares AMZN at 90.00
4000 PXD at 36.77

Insiders Club 10-5-2009 Bookmark

Insiders Club Update

10.05.2009

11:30


Good morning everyone, I trust you had a good weekend? We were blessed with some tremendous weather up here in the Northeast, and for an October day, it was spectacular. Warm, sunny, calm. Wow, don't we wish they could

Insiders Club 10-2-2009 Bookmark

Update

11:45


Isn't this fun? We just had the worst sort of economic news you could imagine, and yet we are down a whopping 15 DOW points. That folks is nothing more than the tremendous disconnect between reality and the stock market.

In

Insiders Club 10-1-2009 Bookmark

Insiders Club Update

10.01.2009


10:45

So it's October 1, and they've decided that seeing another 551,000 people need initial unemployment insurance isn't that awful good. Now isn't that special? For months the numbers been over 500K and they said that was swell. Today they

Insiders Club 9-30-2008 Bookmark

Update

Around Noon


What an interesting morning eh? You bet it was. From a green open, to down 130 to where we've been sitting now for quite a while down about 75. What's that all about?

Well you could say that some reality

Insiders Club 9-29-2009 Bookmark

Insiders Club Update

Around 10 am



I don't pull punches when it comes to beating myself up, and frankly yesterday didn't go as I thought it might. I did expect at least another day or two of "flat" and then another push higher. But

Insiders Club 9-28-2009 Bookmark

Update

3pm

 

Once again FMCN threw us a curve ball. It has dipped down to our buy in and below, and we bailed right out. Sure I could have given it some wiggle room, but frankly  I don't like this day even a little bit. We opened huge, rand up 130

Insiders Club 9-25-2009 Bookmark

update

1:35


See what happens when you push a trade? Let's face it, I pushed. I like FMCN a lot, especially over the 11.00 area where it's got a good shot at getting up into a big gap down area it experienced a few months ago.

Insiders Club 9-24-2009 Bookmark

Update

11:20 am


Okay the morning went exactly as planned. The perfect "gap and trap". Now of course the question is, what's next?

First lets do some housekeeping

We sold our ATPG this morning right after the open. We got 18.07

Insiders Club 9-23-2009 Bookmark

 Update 3:58

Well how lousy was that? RIMM, after being up to 88 in a day, which was a full 2 dollar gain, got talked down by some idiot on CNBC a few minutes ago. He is some analyst that said he'd be selling ahead of RIMM's earnings. Well that

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