Briefly traded KR and C on the long side. Overnight, holding: Long HUN (Huntsman) SSO (UltraLong SPX) KGC (Kinross Gold) — new addition SDS (UltraShort
readI sold my first ever option! 1 contract, covered call on SSO. Jan’09 with strike $23. Got $4.10 for it, which means I net $212.05
readBought [[SSO]] afterhours @ $24.87. Very little, 1/4 of my normal SSO position. Mainly as a hedge, to counterbalance my shorts and in case we
read[[HUN]] Huntsman Corporation, long @ $3.01 HUN engages in the manufacture and marketing of differentiated chemical and inorganic chemical products under four segments: Polyurethanes, Materials
readThe Stock Speculator posted this valuable info in the comments section. He correctly assumed my readers are lazy, so here it is, enjoy in the
readSource: Financial Times At the 21 Club, a longtime redoubt of corporate chieftains and big names, alcohol sales are up 9 per cent from last
readAn argument in favor of buy-and-holding (investing for the long-term): If you remove the 10 ten biggest one-day moves for the U.S. Stock market over
readTo re-cap, the negatives at the moment: Bailout indecision / no-pass Madoff – this, IMO, is as big as Enron. Affects over BIG 350 stocks!!
readI haven’t abandoned the blog, just have a lot going on at the moment. Pre-Christmas thangs are taking up a lot of time (tying up
read(Singledom?) Demographics discussions are usually focussed on baby boomers. Here’s a new trend emerging worldwide: …singlehood is rising in prevalence worldwide… …the number of singles
readCurrent Bear Market: -47.1% (Through 11/20/2008) Average Bear Market: -42.8% Average rebound within 1 year: +55.6% That 55% is still not enough to recover the
readI have an extreme case of dyslexia tonight, you have no idea how long it took me to type up the comments in the chart
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