Archive for December, 2008

Trade Update: Sold HUN

Sold (HUN: 12.82 -3.03%) @ $3.44 for +13.35% gain. I intend to revisit near $3, my original buy-point. Still think it has the potential to go to $5-6-8.

And as was mentioned in the comments, I sold SDS and KGC yesterday.

Still holding:

  • long SSO (both covered call and stock are now in the black, I’m still experimenting so will let it ride some more)
  • short AAPL, AZO, FSLR

Is Urban Loneliness a Myth?

New York Magazine

“a splendid desert—a domed and steepled solitude, where the stranger is lonely in the midst of a million of his race.”

Serendipitous encounters between people who know each other well, sort of well, and not at all. People of every type, and with every type of agenda, trying to meet up with others who share that same agenda. An environment that’s alive at all hours, populated by all types, and is, most of the time, pretty safe. What he was saying, really, was that New York had become the Web. Or perhaps more, even: that New York was the Web before the Web was the Web, characterized by the same free-flowing interaction, 24/7 rhythms, subgroups, and demimondes.

Tuesday Trades

Briefly traded KR and C on the long side. Overnight, holding:

Long

  • HUN (Huntsman)
  • SSO (UltraLong SPX)
  • KGC (Kinross Gold) — new addition
  • SDS (UltraShort SPX) — new addition

Short

  • AAPL (Apple)
  • FSLR (First Solar)
  • AZO (AutoZone)

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