Friday, May 15, 2009

Stock by Stock

After pondering how to start trading Obama Fund positions a bit more actively, I've decided to now shift to stock by stock tactics. The Fund has about 50 stocks in small positions with different sizes ranging from about 5% to 1%. I made the first few moves on macro reasoning, buying or adding to 10 and 20 at a time. Now I think I need to shift tactics.

I looked over all 50 charts yesterday and really liked what I saw: good patterns and many reasonable pullbacks to support. One needs to add at support, not extension, since when the beefers and traders bail out - usually all at once - the pain can be intense. Why have a large position on such risky, exposed ground ?

The review also showed that I missed some good buys in March, particularly in some restaurant stocks. Darn ...

An erudite commentor suggested a tech stock for Fido Fund: RIMM. That is intriguing as that firm "owns" the corporate portable communication market. I don't have one, being a convinced Luddite except for my youth movement to carry an iPhone. But lots of people love their Blackberry. Thinking ...

This means I have to work harder ... ugh.

Also, I am still contemplating buying some natural gas in my newly re-charged commodities account. I'm looking over contract specifications and thinking. The forward curve is quite steep in the fall. Huge amounts - near record - are in storage. Industrial demand is needed, but when will it pick up ? And I mean pick up, not just stop going down. Still thinking ...

I will be traveling to my hometown in Ohio all next week. That means no new posts unless I can convince Mrs. B to make an appearance as a guest blogger. She might want to write about the dogs, or ...

Word of the Day

"Invidious" - adjective [$10]; this is a word one hears often but might not know the precise meaning.
Invidious means (of an action, conduct, attitude) likely to excite resentment or indignation against a person responsible, especially by real or seeming injustice.
Sentence: Slashing the dealer networks might be a good, but invidious business move for Chrysler and GM as thousands of significant local businesses will be hurt across the country.

Le Mot du Jour

"Tabler" - verb, transitive indirect; regular -er conjugation; takes preposition "sur"
Tabler sur means to count on, to bank on.
La Phrase: (copied from Le Figaro) Le gouvernement table désormais sur un repli de 3% pour l'année 2009.
Sentence: The government [France] from now on counts on a pullback of 3% for the year 2009 [in the economy].

64 comments:

Spin-em said...

come onnn Mrs B.....we'll cool it on the F-bombs..lool

Spin-em said...

nice game lil Papi... well done indeed

mern said...

Since it cost a lot to win
and even more to lose
You and me bound to spend some time
wondring what to choose

Goes to show you don't ever know
Watch each card you play
and play it slow
Wait until your deal come round
Don't you let that deal go down


a terrible tune.........

mfl59 said...

Andy Reid's oldest son back in the slammer after he failed another drug test, violating his parole...

City of Crackheads

Spin-em said...

Doesnt Mrs B like Ohio?...lol

mern said...

http://nfl.fanhouse.com/2009/05/13/garrett-reid-son-of-eagles-coach-andy-reid-back-in-prison/

its was just a fight, dr. leo, but he still is back in the can.

u cant manage a clock or call plays. cant manage your weight, or your kids. but u can control a locker room full of 52 roided out freaks?

"the gold standard"

ya, if the gold standard consists of a 10 yr boner, and balls so blue, that sal cud relate.

mern said...

SCRANTON - A Maryland man who rode a bicycle 180 miles to northeastern Pennsylvania to have sex with a 15-year-old girl faces four years in prison.

LMFAO !!!

mern said...

if she was hot, can we blame him?

15 if my cut off, age.

mern said...

my bad, he failed a drug and got into a fight.

father of the yr!

Spin-em said...

LMAOOOOOOOOOOOOOOOOOO

I didnt see that is there a link?

mern said...

http://www.philly.com/dailynews/national/20090515_For_teen_sex__he_biked_180_miles.html?cmpid=16339736

its gud 1!

Spin-em said...

Investigators said he slept at a baseball field while in Scranton and had sex with the girl several times there. After he left the girl told her parents, who called police.

LMAOOOOOOOOOOOOO

smoooooooooooth operatorrrrr

Spin-em said...

gives "ridin the bench" a whole other meaning.......

mfl59 said...

Is it against the law if they were "in a relationship"?

omfg lmaoooooooooooooooooo

Spin-em said...

I think Yankees want lil Papi baddd now ..willing to pay any amount....lmaoooooooooo

mern said...

who is not reminded of the classic scene from fast times, when the 26 yr banged a rather cute (15 yr old) jennifer jason lee?

even did it in a dugout.

her telling her parents, is my fave part!

Spin-em said...

879 18% 871 37% (858 60%).......899 30% ( 908 50% ) 924 72%

Bud said...

lmaoooooooooooooooooooooooo



atta boy spin !!!!!!! show some fire.......yankees are back!!!! ........we gonna talk smack


LET'S GO YANKEES !!!!!!!!!!!!!!





PS.........what the yankees record against the sox this year??......ummmmm....0-5.....oh ok

mern said...

the nuggets over the lakers in 6.

u heard it here, first!

i remember when i saw the trade, AI for chauncey, and i was stunned. i love AI, but he is and was never a true 1 or 2. chauncey is probably a top 3 PG in the league. detroit missed the playoffs becuase of that trade.

the cavs will spank the nugs, but i really think the nugs gonna takeout, kobe.

how funny will it be if the rockets somehow win game 7? no yao, no tmac, and they still playing 7.

Bud said...

brian cashman should take a close look at what happening with lil papi

he's done.....he lost his power......but the good news is his contract is up after this year.........sox will owe him nothing.......the red sox under john henry have a rule.......injuriess and age are part of the game


pitchers get 4 years deals.........and position players 5 year deals......statistics have showed that long term deals don't work


A-fraud 10year deal.....cc and texeira 7year deals........is there any doubt that the last 2-3 years of those deals yankees will get nothing?? in A-fraud's case he may blow up in a couple years..........yankees on the hook til 2018


well played brian cashman.........well played indeed

Bud said...

chuck likes the nuggets to win it all........melo is playin like a stud now


die lakers die !!!!!

Spin-em said...

Bud get that ladder.....now ..measure from the floor to the rim...10 feet?..10 feet..thanks Bud

Coach Dale says doesnt matter the arena..sox are just 1 of 30 teams......We wantto be Champions of those 30......not the Sox...pffftttt

mfl59 said...

lmaoooooooooooo Spin hard charging Friday MVP push

Spin-em said...

"he's done".....

thats sooo Bud...throws him in the trash...he starts hitting...and ..I TOLD YA SOOOOOO.....LMAOOOOOOOOOOOO

thats the bottom

Big Papi hit a HR over weekend hits 350 in June

mfl59 said...

Brian Cashman hasnt made a good move in about 5 years....that boy is on thin ice....

Spin-em said...

moving the Triple A to Scranton pretty nice move..lol...Abreau but ur right..bang for the $$ cant think of many Girardi was a mistake....he's nice.. Torre jr....I wanted Bowa.....they'll hate him....but its what they need some fire

mfl59 said...

Torre Jr. now presiding over la acquarium....

"sellout for a few book sales"

indeed

mern said...

bowa is a shitty manager, and he cries A LOT.

tom hanks wud go postal on him!

i remember in 77, my father just ROFL at bowa, crying after the dodgers took the phils apart, in the playoffs.

Spin-em said...

yes tell us that story again..zzzzzzzzzzzzzzzzzzz

Phils had shit for talent.. but he makes it us vs them and brings a team together fighting Phils ring a bell?.....I didnnnnnt think so...pffttttt

Bud said...

you guys sure are chatty this morning.............no work to do???


oh wait...........frosty prolly sent you his 'ops expo open interest spreadsheet'.............i'm sure you guys have all the winners already locked up



" i bought DNDN last week at 16 and 17 and sold over 22 "



'helluva call bob !! '

Spin-em said...

we prepare for today last night..unlike you baby birds

FEED ME "JIM" !!!!

maverick said...

spin captures MVP before the bell...well done sir

Frosty said...

after many hours of diligent analysis I have determined that one day GS will trade double par....very aazzhead yhoohcp like indeed..ppfftt.

Bunky, you and fat al having another flapjack eating contest this trip.

Bunkerman said...

probably no pancake contest ... those are annual events.

I'm going on his annual canoe trip to Canada woods - need to plan taht.

MREs, pemmican, etc.

maverick said...

how is the new ride Bman?

Bunkerman said...

Excellent. Mrs. B is very happy.

Frosty said...

boundary waters, nice...sack of flower, salt and some cooking oil...fatalfishfry...jealous indeed.

mfl59 said...

you never said what color Mrs. B's new car was Bunky...

Bunkerman said...

Added to AKS, AMCM, FL, MT, GSI, SUTR, MRT, DKS, CAB, ICON, TEX, MTW, CMI, SPAR, CLDN, TLF, CX, EEFT, ME, ROSE, GMET

About 130% long now.

Frosty said...

nonono add ahead of vacation...pppffttt...buck fever indeed.

Bunkerman said...

it's a loaded white GL450 with cashmere interior. Beautiful.

Bunkerman said...

nickname the "White Star"

Bunkerman said...

not buck fever ... just time diversification. 1/2 of planned adds.

Frosty said...

aazzhead do you pack your sack or rent a cart...do they require you cover the turban with a visor...wear a collared burka.

Spin-em said...

best of luck with White Star!!!

mfl59 said...

cashmere interior??? wowza...very nice...

common man indeed....

Bunkerman said...

cashmere color - interior is leather.

mfl59 said...

lol...i was gonna say...

very nice...

Frosty said...

Bunky...your boy barry full steam ahead cap and trade...the UTES getting crushed after being down 8%this week coming into today...he can't wait to press his agenda, could be a real rally killer.

Bud said...

collared burka


LMAOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Bunkerman said...

I see I should have been more patient today.

Bud said...

does a common man go on vacations to london, buy a mercedes and learn european languages to pass the time awaiting his stock portfolio to ripen



yup.........a common f'ng man indeed

Frosty said...

"I see I should have been more patient today."...nonono "just time diversification"...hope our chart review past couple days at least exercised the brain a lil.

Bud said...

what chart review ??? that crap you posted ??? you think anyone besides the other 2 ops expo fags understand your posts...........the rest of us are left scratching our heads



due diligence ??? huh ???? oh .....the only due diligence you've ever done is for airport male rest rooms...........larry craig indeed

mfl59 said...

selling half of my ADY from yesterday....

"great call Bob"

Bud said...

alright Bman

have a great week in the heartland....i'll see you on the other side of memorial weekend........you takin the mercedes out there?? show off to the towns people.......'local boy makes it big in beantown'


as for the rest of you queers.......well.......i'm sure you be busy givin each other hand jobs




LET'S GO YANKEES !!!!!!!!!!!!!!!!

Bunkerman said...

not driving ... fly, rent car, drive two hours, etc.

middle of nowhere.

Am staying in a cabin in the woods - very nice.

Bunkerman said...

I guess my voodoo spell wasn't quite dissipated.

Maybe a "bit" of buck fever .. I did get worried Ms. Market would run away from me...

Rationalized it as time diversification ...

Sigh ...

Frosty said...

shut up aazzhead...go buy some HPQ HD for monday ping pong, pay for your golf...both report tuesday, HPQ pinned under the 35 stirke and HD the 25.

mfl59 said...

Have a safe trip Bunkerman....enjoy your time away from the turret ($10)

Bunkerman said...

I should have unabridged dictionaries in all five languages by the time I return.

"Go to hell, Jim" in all the major languages of Europe coming soon to the Bunker.

Bunkerman said...

thanks, enjoy the "fun".

Brats & beer tonight.

Bunkerman said...

got Italian already:

Va' all' inferno, Jim!

Frosty said...

have a good time bunky, give momabunk our best...we will take good care of Mrs B should she pop in and post...she is the best.