Friday, February 29, 2008

Week 9 update

SOLD -7 DBA 100 APR 08 41 CALL @2.92. I still have DBC with a profit of about 50%

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Tuesday, February 26, 2008

Week 9 Update 2 DBC DBA up 60%

I great day for commodity etfs and the portfolio has recovered its overall losses and Is near all time highs.

I sold DBP DBE and SDS but held on the DBC and DBA

DBP was sold for a loss of a bout 3%

DBE was sold for a profit of about 16%

and SDS was sold for a loss of nearly 70% (oops)

DBA and DBC trades are still active and have a profit of about 60% each.

The total value of the portfolio is $18,100

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Monday, February 25, 2008

Week 9 update 1 DBA up 80%

The commodity efts were on fire (except for dbb and dbp). They were a great pick on my part wheat hit all time highs and natural gas hit its highs of the. I sold off my dbb and March dba positions.


DBA was sold for a gain of 81%
DBB was sold for a loss of -15%

So my portfolio looks like this
DBA(April): 31% gain
DBC: 17% gain
DBE: 4% gain
DBP: -15% loss
SDS: -74% loss

Portfolio Net Liquidating Value: $17,103



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Sunday, February 24, 2008

Week 9 Trades Im actually bullish

Sorry for that long delay but it was an emergency but now Im back and ready to trade.
I'm extremely bullish on the commodity etfs so I decided to purchase calls on most of the powershares commodity etfs. I decided to exclude the stoplimit of +20% because Im going to let the winners run a little bit (maybe double up) So my portfolio consist of:

DBA (adding on to my position)-April 41 +7 $1500

DBC- April 36 +11 $1000

DBE- Jul 37 +5 $1500

DBP- Jul 35 +3 $1500

DBB- April +10 $1000

I still have the original DBA and SDS trades going on

Net Liquidating Value= $16,200
Available Funds= $5,858



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Sector Analysis Week 9

Im bullish on most commodity etfs especially
DBE

Bearish on these industries
Business Software & Svcs

Semiconductor Specialized
Business Services
Drug Manufacturers
Diagnostic Substances
Personal Services
Drug Delivery
Consumer services
Gaming Activities
Business Equipment