Week 6 update 2

Well the good news is that HB decided to decline in price, but the bad news is DBO also went down in price.

HB was up 17% on the day
DBO down 13.11% on the day

Week 6 update 1: Broke Even

Nothing spectacular this week

I only broke even with my trades, (I shouldn't have used brackets) I still got to open positions (losing ones) HB and DBO

a more in depth analysis tomorrow

Week 6 Trades: Fully Invested

This week I decided to speculate a little with more aggressive trades, after all I'm playing with the houses money I'm only supposed to up 12,000 at this point, but I'm up much more. All the picks Involve buying call and all are bullish except SDS.

Walter Industries Inc. (WLT): +7 Feb 45 Calls stops @ +20% & -20%
Reliant Energy Inc. (RRI): +18 Feb 22.5 Calls stops @ +20% & -20%
Waste Management, Inc. (WMI): +10 Feb 32.5 Calls stops @ +20% & -20%
Seaspan Corp. (SSW): +9 Feb 30 Calls stops @ +20% & -20%
Harsco Corp. (HSC): +10 Feb 55 Calls stops @ +20% & -20%
Carrizo Oil & Gas Inc. (CRZO): +6 Feb 50 Calls stops @ +20% & -20%
UltraShort S&P500 ProShares (SDS): +5 Feb 59 Calls (Downside Hedge) stop @ -20%

Order Statement







WLT



RRI



WMI



SSW



HSC



CRZO



SDS



Account Statement

I decided to do this weeks sector analysis a little bit differently so I chose to evaluate sectors in Standard Industry Code in hopes of getting even better sector predictions.

Sectoring by Standard Industry Codes: All are Bullish


SIC-12 Coal mining
----------SIC-1222 Bituminous Coal Underground Mining

SIC-44 Water transportation:
---------SIC-4412 Deep Sea Foreign Transportation of Freight
---------SIC-4489 Water Transportation of Passengers, NEC Water Taxis Airboats

SIC-33 Primary metal industries:
---------SIC-3325 Steel Foundries, NEC
---------SIC-3357 Drawing and Insulating of Nonferrous Wire Aluminum Wire Drawin

SIC-29 Petroleum and coal products
---------SIC-2992 Lubricating Oils and Greases
---------SIC-2911 Petroleum Refining

SIC-13 Oil and gas extraction
---------SIC-1381 Drilling Oil and Gas Wells
---------SIC-1311 Crude Petroleum and Natural Gas

SIC-49 Electric, gas, and sanitary services
--------SIC-4924 Natural Gas Distribution
--------SIC-4911 Electric Services Hydroelectric Power Generation Electric Power
--------SIC-4953 Refuse Systems Materials Recovery Facilities Hazardous Waste Treatment
--------SIC-4923 Natural Gas Transmission and Distribution Distribution Transmission

Week 5 Update 3: Not Pretty

This trading week was the worst in Trading Addiction history, but I am still optimistic that these picks will meet their target goals. I got about 9K that is available to trade with so there will be WEEK 6 TRADES.

DBA: (Even) 0% (The trigger might have actually been activated, but I dont know)
DBO: -22.65%
HB: -57.81%
Total -26.72%

More patience is required.