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Insiders Club 3-5-2010 Bookmark



Well the morning session has gone well for the bulls. They used the baloney jobs report to push us higher and "everything" is working.

I didn't mean to lie to anyone when I said I "might" not do anything

Insiders Club 3-3-2010 Bookmark

Insiders Club Update


Good morning all. Today is day one of traveling back from FL to NJ, so I won't be updating the IC today. ( or tomorrow)

I just wanted to post a note about our positions and stops


Insiders Club 3-2-2010 Bookmark


noon ish

So far soo good is still the order of the day. I wanted to flip you a note telling you that I did go ahead and take some FCX as it crossed that 77.00 line and it's now at 77.91, so, that's working

Insiders Club 3-1-2010 Bookmark


1:00 ish

With the morning up so nice, and CLF up over 2 dollars for us, I decided to "take half". So I've sold 1000 CLF at 58.08 leaving 1000 at the original buy in price of 56.02/3/4 that's a nice pocket change pick up

Insiders Club 2-26-2010 Bookmark


11:00 ish

Okay, so far so good. We opened flat and here it is at 11 and we're still statistically flat. I think that this day will continue to be flat, and that we probably end with a slight tinge of green. Why? Well when

Insiders Club 2-25-2010 Bookmark



Sorry for the delay folks, as you might imagine I'm knee deep (literally) in snow, slush and freezing rain. Now NOAA says we're probably going to see the town underwater too, as this monster low sucks water up onto the shore. What a nightmare.

Insiders Club 2-24-2010 Bookmark



Okay, the wild swings continue although you'd not really know it looking at the overall averages. Yet it was a good idea to sell half our holds in AAPL and SPY because sure enough the "other half" came down and stopped us

Insiders Club 2-23-2010 Bookmark



Just a note to close out the day folks.

I sold my 500 shares of DIA that we got at 100.66, at 102.94

Okay, so we made more lunch money, it's certainly not what I was looking for.

Insiders Club 2-22-2010 Bookmark



My guess was that we'd add a few more points to the bounce we were in. But evidently they wanted to give the stocks a breather because it's been nothing but a struggle since the open. We charged green, and then what? Obama came

Insiders Club 2-19-2010 Bookmark


Okay, so we opened weak, almost went green, backed down, now we're off the lows again.

I think this is going to be the pattern of the day. Considering the Put/call ratio, it would make sense to end today flat.

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