Saturday, March 15, 2008

Bulldogs Win!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 2 in 1 Day

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Goooooooooooo Dawgs Sic' em

Go Dawgs Game tommorrow Vs. Arkansas

Friday, March 14, 2008

The Streak Has Ended Down Day! Week 11 update & some Week 12 Trades

Down $196

So it was a rough day for my portfolio which is down about $200 today. DBA and DBC traded down so I took that as an opportunity to add-on to my positions. DBP was up on the day but I decided not to wait any longer for the down turn and also added on to that position. The broader Market was down, which caused a lot of good stocks to trade down, so I actually bought calls on stocks (its been awhile). I placed a vertical Bull Spread on MTL MON and MOS. I bought 1 Mos Apr08 110 Call then sold after a few minutes because I decided that the bull spread is more appropriate, the same thing was done with MTL except I purchased the wrong month (I got March instead of April). I'm waiting on a decline in POT so I can enter a position. I have more trades on the way so visit often. Oh yea Congratulations to the Georgia Bulldogs on a great Win over Ole Miss, Next game today vs. Kentucky @ 9:45 Goooo Dawgs!

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Positions Entered Today:
Single:
Buy DBC +4 Apr 08 39 Calls
Buy DBC +2 Jul 08 39 Calls
Buy DIG +1 Apr 08 93 Call
Buy DBE +2 Apr 08 40 Calls
Buy DBA +3 Apr 08 42 Calls

Bull Spread:
BUCY +2 Jul 08 110
-2 Jul 08 115

MOS +3 Apr 08 105
-3 Apr 08 115

MTL +3 Apr 08 140
-3 Apr 08 145

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Thursday, March 13, 2008

All Time High (AGAIN) Week 11 update 4

Gain of $160
Nothing special DBA DBP up and Portfolio @ All Time Highs. Next week I should be fully invested so be on the watch for Week 12 TRADES.

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Go Bulldogs

Good Luck to the UGA Bullodgs

SEC Tournament Game @ 9:45 against Ole Miss

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Wk 11 update in a few

Wednesday, March 12, 2008

Still Going Up Week 11 Update 3

$300 Gain
Although the Dow Nasdaq and S&P All closed to the downside, the DBC ETF kept going. DBC closed with a 1% percent change, bucking the trend of the broad equities makret.
DBC Position:
+11 Apr08 36Calls +240%

DBA was down slightly on the day, about .36%. It's not as great as the DBC ETF but it's still performing
DBA Position:
+3 Apr08 40Calls +71%
+2 Apr08 41Calls +42%

Yes, folks I'm still in DBP. Its been a slow mover but I only have 1 call option purchased (I was looking to buy more on a downturn).
DBP Position:
+1 Jul 08 31Call +3.15%

These trades are up a combined 120%.

Also I'm looking to get into the energy trade, but I'm not sure if I'll purchase the DBE or just trade the commodities separately. I think UGA UNG or DIG (the leveraged Oil and Gas ETF) will looked very attractive with a pull-back.

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