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Interesting Times
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I could put on this bio my education, work experience, investment strategy, and a nice thin (if I can find one) picture of me in a suit looking *smart*. Sorry but that's not my intent here. Sure I invest, help family make financial decisions, and make a ton of mistakes along the way. But my time... More
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Interesting Times For All Commodities And Investments!! CHAPTER 4......
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  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » END OF WEEK STANDINGS !!

     

    My Rankings, Username, Cash Balance, Market Value, Initial Portfolio Value, Current Portfolio Value, Return

     

    1 OldWarrior -62,044.73 169,065.62 100,000.00 107,020.89 7.02%
    2 cbowman -395.07 105,778.40 100,000.00 105,383.33 5.38%
    3 JohnBinTN 77.36 103,575.85 100,000.00 103,653.21 3.65%
    4 MadcapLaughs -13,403.02 116,117.20 100,000.00 102,714.18 2.71%
    5 crademan 12.79 102,119.51 100,000.00 102,132.30 2.13%
    6 Interesting 60.67 101,760.90 100,000.00 101,821.57 1.82%
    7 User7 35.19 101,753.69 100,000.00 101,788.88 1.79%
    8 Carl2014 7,541.52 94,218.00 100,000.00 101,759.52 1.76%
    9 justin 17,799.96 83,840.50 100,000.00 101,640.46 1.64%
    10 EconomicAnalyst 29,150.08 72,440.39 100,000.00 101,590.47 1.59%
    11 Cwinn 13,308.68 99,011.00 100,000.00 100,569.68 0.57%
    12 JohnWilson 91,053.56 9,085.00 100,000.00 100,138.56 0.14%
    13 nocnurzfred -6,090.85 105,234.00 100,000.00 99,143.15 -0.86%
    14 deercreekvols 39,242.12 59,080.50 100,000.00 98,322.62 -1.68%
    15 kanwar99 9,054.16 192,596.00 100,000.00 92,100.16 -7.90

     

    ANYONE WANT TO COMMENT ON THEIR PORTFOLIO SO FAR ?
    22 Aug 2014, 09:23 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4014) | Send Message
     
    (NYSE:LMT) 300 166.67 175.15 52,545.00 5.09%
    (NYSE:KMI) 285 39.34 40.81 11,630.85 3.74%
    (NYSE:XOM) 400 98.72 98.50 39,400.00 -0.22%

     

    My stuff.
    22 Aug 2014, 09:34 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    Having used up all the viable stocks from my Blog Study, I will now have to use data purchased from BlockDesk.com. For that reason, I cannot release "Current" information about the stocks I buy such as Price Targets and other Data unavailable without subscriptions. I can, of course reveal Stock Names, and current prices, as well as any other public data suc as Charts and other analyst ratings and news from "The Wire".
    23 Aug 2014, 01:47 AM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    Does anyone understand "reverse repos" ? If I read this correctly the Federal Reserve has been using them since September 2013 to keep interest rates from falling. http://bloom.bg/1tvOuuk
    23 Aug 2014, 12:27 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » CRADE...READ THIS !!!

     

    http://bit.ly/1tvSvyM

     

    Maybe it will make your hair stand up !!

     

    Ring of a Ponzi scheme or manipulation??

     

    Think this sort of action should occur in a "free market" ?
    23 Aug 2014, 12:58 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    IT, your article tells me the Federal Reserve has been afraid of deflation. Why is deflation bad? Investments in gold lose value and unemployment goes up until wages go down. http://nyti.ms/1pqCgD0
    23 Aug 2014, 02:05 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » CRADE

     

    Actually I disagree with the results of deflation. It is the worst nightmare for the FED. If we have deflation people aren't spending, companies then start laying people off, the stock market starts to decline...

     

    Actually I just read your link and that Author seems to agree with me. Let me add if our economy really gets that bad don't underestimate Russia or China to try and make it more difficult for us to remain the World's Currency.

     

    We are already looking weak with this POTUS playing golf while the Generals are planning on bombing Syria. Who is really running this Country ?

     

    I still maintain we are a house of cards, and one day, I have no idea when, we might see that "special card" pulled out !

     

    You think gold will go down in price? If were brought to our knees just the opposite will happen. I still think were the strongest country in the world but were headed in the wrong direction.

     

    Things are looking brighter will all these positive reports but one must remember what they are being compared to. Why was the West (China, Russia ) buying all the physical they could for the last 3 years ? They have a plan that were not being told about !!
    23 Aug 2014, 02:49 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » CRADE

     

    I believe you were a teacher once. I pull this seminar out once in a while. I fully understand that the author sells metals. However I would appreciate you finding 90 minutes to watch it and appreciate opinions from anyone..

     

    http://bit.ly/186zUwT

     

    It is not a teaser or an informercial. I still believe it is full of information. I also understand that 10 years is a spec of time. So what he talks about might not even happen in my lifetime. But can it happen ??
    23 Aug 2014, 03:03 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    I doubt that China's, India's or Russia's love of gold used for religious images, jewelry for both sexes, and dowries during the past two thousand years is part of a scheme to bring the U.S. to its knees.

     

    Physical gold is too costly for me to buy, store, or sell it. If I were buying commodities (which I am not), coffee would be my choice.

     

    P.S. Forbes published an article in April 2013 that suggests a gold bubble has peaked. http://onforb.es/1qBFakF
    23 Aug 2014, 07:36 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » CRADE

     

    Can you explain this ...Germany asked the USA to return their own gold that was supposedly held in vaults during WW11... The answer was it will take 7 years !! Not 7 months, 7 years >>

     

    You don't see any troubling signs with that ???
    23 Aug 2014, 08:29 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    As I understand it, the 7 year delay was to allow the Holocaust victims time to file Liens against German Gold. A substantial amount of gold has been recovered for the victims from Swiss Banks, and those suits continue. The US fears that once the gold is repatriated, there is no way that German courts will turn any over to victim's families, regardless of evidence. While there seems to be few claims against it that are being publicly discussed, there is a lot of negotiating going on that is unreported by the US Media.
    What the Kardashians are wearing is sooo much more newsworthy these days.
    24 Aug 2014, 04:34 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » OW

     

    Sorry, I am not buying that one. The US didn't even send what they promised for the first year..

     

    The gold just isn't there ! Otherwise we would of heard of this reason a long time ago. I just think it's just another spin !!
    25 Aug 2014, 01:12 AM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » CRADE and OW..

     

    Here are some facts about the metals... I am no gold bug but I do seriously wonder why I should not own something that is obviously disguised.. A quote from another poster !!

     

    "The price of silver on the Shanghai Futures Exchange is currently about 8% above the LBMA price for silver. Moscow is even bigger. On the Moscow Exchange the price of gold is 16% above the LBMA price and silver is 16.8% above.

     

    The countries accumulating large quantities of gold/silver are willing to pay a premium above the phony LBMA posted price in order to get their hands on real metal."

     

    CRADE... This isn't just jewelry ,or countries that have bought for 4k years !!They all want it for another reason. I WONDER WHAT ??
    25 Aug 2014, 01:57 AM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    IT, I'm always cautious about information & advice from a commission paid broker who sells a product in which I might invest. Does what he tells me benefit him more than it benefits me? This is especially true when doom and gloom scare tactics are being used to promote sales.

     

    The World Gold Council doesn't sell gold, but collects data on world wide demand for gold. They report that central banks have been buying gold to back their country's currencies since the global economic collapse of 2008. http://bit.ly/1jS06jp

     

    People often buy gold when they are worried. Do you suppose that Russians began buying gold and drove gold prices up there due to uncertainty about the results of Putin's policies towards the Ukraine? http://wapo.st/1qbSfUk
    25 Aug 2014, 10:55 AM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    I've spent some time looking at the GoldSilver.com website. Respectfully IT, Mr. Maloney's buy/sell contract states up front that the information on his website is not valid for making an investment.

     

    "You acknowledge that you are making all of your own decisions in connection with purchases or sales and that [Maloney gives customers legal warning] *you have not relied on any information* made available by GoldSilver, including without limitation GoldSilver.com™ or affiliate websites, and that GoldSilver is not making any recommendation with respect to such purchases or sales."

     

    Mr. Maloney's legal contract with customers clearly states that I CANNOT RELY on the information his website presents to make either a purchase or a sale.

     

    I believe him.
    25 Aug 2014, 11:27 AM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » CRADE

     

    I would rather read that to be honest. Like I said I am no gold bug however I don't still believe one should own some physical just in case !!
    25 Aug 2014, 11:33 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » Good question Crade . Hope someone can answer that for us. Now I just read an article that could effect our markets.

     

    Yellen Vs. Putin - Who Wins?

     

    http://seekingalpha.co...
    23 Aug 2014, 12:29 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2808) | Send Message
     
    Well, just for grins I went ahead and added some (NYSE:TIF) last wek to my Challenge Portfolio, based on the vague notion that Diamonds are likely preferred by most blondes who can afford it. So far it seems to have been a good move.

     

    http://on.mktw.net/1ws...
    25 Aug 2014, 10:39 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2808) | Send Message
     
    This is hilarious. I've now moved up to #5/729 for the week for the Dollar Challenge doing nothing while only moving up to #6/15 after some effort for the ITC2 Event. My bets are on OW for now, I think he's got the best recipes.
    25 Aug 2014, 12:28 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    EA, how would I sign up for the Dollar Challenge? Spending imaginary money on "real" stocks is fun.
    25 Aug 2014, 12:45 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4014) | Send Message
     
    Upper left-hand corner of the page should be a drop-down menu of the challenges you are in. I think everyone gets in the dollar challenge by default. Look in that drop-down menu - it's probably there.
    25 Aug 2014, 06:52 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    It gets harder every week to stay on top for the week, as it's tougher to gain 1% on 108K than on 102K.
    It's not the people who suddenly jump up to me that are tough to stay up on, it's the people than gain a tad more on me every day.
    CBowman and John B are the ones that will be hard to beat over time. I have had a few stocks sell at Price Targets, and have been a tad hasty in the replacements. I did some research tonight and am buying back into (NASDAQ:JAZZ) and adding (NYSE:MGA)
    25 Aug 2014, 09:58 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4014) | Send Message
     
    One of the many wonderful things about my wife is that she excels at whatever she undertakes. I saw her looking at (NYSE:BKW) earlier, and I took note. ;)
    25 Aug 2014, 10:30 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    Thanks, JohnBinTN. I see that my ranking in the U.S. Dollar Challenge is 0, so far. But I have a million dollars to invest -- Woot!
    26 Aug 2014, 11:51 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2808) | Send Message
     
    Well, I wish I could tell you now.

     

    Somehow when I signed up the first time the system defaulted me to "US Dollar Challenge."

     

    Now that I'm in I can't see the front door from here, if you catch my drift, but I do see buttons that say things like "Join Existing Challenge, Edit Challenge, create new Challenge," etc.

     

    I guess thats why I'm a Beta Tester not an IT guy, I'm likely better at breaking stuff or explaining what's wrong with the system than actually fixing it.
    25 Aug 2014, 01:02 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    On the very top row you should see "Challenges. Mouse over that and a dropdown should show It Challenge. Click on that.
    26 Aug 2014, 01:53 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    Looks like my (NYSE:SEMG) sold at it's Price Target for a gain of 10.7% today. I'll look at my Int List to see what I can replace it with. 10% in ~19 days works out to ~ >180% annualized, right about what Blockdesk.com estimated. It's pretty nice to have a basket ready to pluck more winner right out of <g>.
    I'll have to wait until later tonight (another hour) to get the most updated buys for tomorrow.
    26 Aug 2014, 04:57 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4014) | Send Message
     
    It will be interesting to see the longer term success of your method / info source...
    26 Aug 2014, 11:56 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    While I will not pretend to always achieve my current successes, I do believe that I will still be profitable for quite some time. I have been fortunate to have seen a couple of weeks of a Bull market, and even been profitable on the few "down" days. 26 days in does not prove anything yet.
    I can tell you that I will be placing an order for (NASDAQ:JAZZ) in the AM.
    27 Aug 2014, 12:24 AM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    Congrats to Cwinn for pulling into the lead. MORL is another type of investment that scares me. I lost money in real life on an ETN. Once burnt, twice shy!
    27 Aug 2014, 09:44 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    I paid too much for 1 position of JAZZ today. in my rush I entered a Market order instead of a limit and paid almost a dollar too much for a big block. If it behaves, I'll still do well as my sell target is ~$20 more than I paid.
    I was bound to have some of my stocks correct, but I have banked over 5300 in profits on stocks that hit their Sell Targets.
    Looking at my limit of 2000 Trades over the year, I am already over budget, having filled 32 trades so far. I need to space out my trades a bit more, and remember to use those Limit Orders.
    27 Aug 2014, 11:27 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4014) | Send Message
     
    Buying 1000 shares (NYSE:SERV). Interesting chart.
    27 Aug 2014, 11:30 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    Good morning and good luck to everyone playing in the challenge today. Thanks for pointing out the game's 2000 limit on Trades for the year, Old Warrior. Fingers crossed, maybe JAZZ will still be a winner for you. JohnBinTn, SERV's chart looks like a J this morning. Hope it stays in the green!
    28 Aug 2014, 11:34 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (4014) | Send Message
     
    J for John = lucky, maybe? ;)
    28 Aug 2014, 12:22 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4014) | Send Message
     
    In retro, sometimes an interesting chart does not a good investment make. :) Holding it at this time - will see how it plays out over a month or two.
    29 Aug 2014, 08:34 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    IT, My prediction is that the price of gold may go up in Russia today. http://reut.rs/1pmcj8B
    28 Aug 2014, 12:34 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1164) | Send Message
     
    Good news for the Russians that have jumped on the recent trend to buy gold & dump roubles. Those fiat currencies can be trouble.
    28 Aug 2014, 01:59 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    I'm going to need a good day tomorrow to pay the roughly $500 in interest on my Margins that will likely hit Tuesday. That's gonna hurt my weekly standing on a short week.
    28 Aug 2014, 02:23 PM Reply Like
  • User 7415181
    , contributor
    Comments (841) | Send Message
     
    Bleah. First had a pretty big loss on RUSS. Now YINN puked today. If I had done what I did last year and put all the money in VTI, I would be in first place at this point. I'm going to have to evaluate the trading strategy over the next few days and see what I can change.
    28 Aug 2014, 02:36 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    Looking at VTI Chart, it's August low was 98.56 and closed today at 103.57 for only a 5.08% gain. Not bad, but not 1st place either.
    It might be after I get my bill for the interest on my Margin though LOL.
    28 Aug 2014, 07:04 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2808) | Send Message
     
    Yeah, 74, I just added to my (NASDAQ:QQQ); it's my best performer %wise.

     

    I fiddled around trying incremental allocation and didn't increase my holding as fast as I could have.

     

    I did the one note Johnny approach last time but I'm a chicken in real life so am trying to play it more realistically for the learning experience and to test some newer choices.

     

    I like hedging with (NYSEARCA:TLT) so I can calibrate a slower but steady climb with little or no downside and then accumulate on dips to get a good average price as I monitor the ones that tend to float up more predictably.

     

    I do miss not being able to add some options combos into the mix though.

     

    By the time I finish evaluating my practice portfolio I generally have a fair idea whether or not I want to make any adjustment to my RP.

     

    As time goes by it takes less and time to decide and I don't feel it necessary to check as often as the stress reducer evolves into a regular stress avoidance mechanism.
    28 Aug 2014, 03:07 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » Well now I am confused. (NASDAQ:PSEC) went ex divided yesterday and record date is tomorrow. When this happened with (NASDAQ:FSC) the dividend was added to my cash balance on the 13th of August. Which I thought was the ex dividend date , and the same date (NYSE:PM) ADDED it's dividend to my cash balance. However when I looked up (PM) dividend NOTHING should have been paid on that date . It added 8 cents per share to my cash balance for both (FSC) and then for (PM)

     

    So I wonder when I will see (PSEC) dividend ?? Anyone want to guess what is going on ?? Dazed and confused ....lol
    28 Aug 2014, 03:25 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1164) | Send Message
     
    IT, I'm no "expert" on dividends, but I'll give my $.02 on it.
    Looking at (NASDAQ:PSEC), http://bit.ly/Pecw9g
    PSEC should have paid a dividend on 8/21, for stockholders holding the stock prior to the 7/29 ex-dividend date.

     

    The current 8/27 ex-dividend date should payout a dividend on 9/18, to stockholders holding this stock prior to 8/27.

     

    Not sure if the challenge was right/wrong on (NASDAQ:FSC) or (NYSE:PM), with regard to dividend payout, but it looks to me like FSC went ex-dividend on 8/13, and should pay on 8/29 http://bit.ly/1jmkWOA

     

    It looks to me that PM should go ex-dividend around 4th week of September, for their quarterly dividend. http://bit.ly/1C7u2F0
    28 Aug 2014, 05:51 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1164) | Send Message
     
    After further review, I own (NYSE:SLW) in the challenge. It went ex-dividend on 8/25, for $.06 per share. This dividend was added to my challenge totals on 8/25.

     

    That (NASDAQ:PSEC) is a mystery to me. It looks like the challenge is crediting us dividends on ex-dividend date for some, but not sure what happened with you & PSEC??
    28 Aug 2014, 05:58 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » OAG

     

    That's what I thought. I guess I will have to wait and see if I ever do get the dividend. I wonder if JBT is able to email someone that runs this site to find out.

     

    I got killed with the price drop but was expecting to have the dividend added. At least I wasn't crazy about some dividends added on the ex date.

     

    (NYSE:PM) .08 CENTS is still a mystery to me why I got it. It was only on 100 shares but still an error.
    28 Aug 2014, 06:06 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1164) | Send Message
     
    I bought 2,000 shares of JDST @ $10.38 near the end of the day today. Hopefully I can sell them in a few days at a profit.
    28 Aug 2014, 05:23 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    I might take the other side of that trade and buy (NYSEARCA:NUGT) with gold below $1300 and climbing. NUGT was up ~4% today, and War Looming.
    28 Aug 2014, 06:56 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1164) | Send Message
     
    Fundamentals like wars, debt, stagnant global economies, money printing, QE-or QE tapering, and so on, don't seem to be moving the metals markets.

     

    I may resort to chisanbop to help me make my trade decisions, if I can get my hand-eye-brain coordination down in an accurate and efficient manner. I'm working on that.

     

    (NYSEARCA:NUGT) - (NYSEARCA:DUST), or (NYSEARCA:JNUG) - (NYSEARCA:JDST), could all be good trades right now if you watch your entry/exit points, and if the metals or miners continue to move sideways.
    28 Aug 2014, 09:26 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    The range I have seen all summer is $1280-$1320, with the majority in $1290-$1310.
    The board tonight is

     

    1,289.40 -1.00 (-0.08%)
    1:43:06 GMT - Real-time CFD Data. Currency in USD
    Type: Commodity
    Group: Metals
    Unit: 1 Troy Ounce

     

    Prev. Close: 1,290.40
    Open: 1,290.20
    Day's Range: 1,289.10 - 1,292.00

     

    That would be Bullish if I wanted to deviate from my BlockDesk.com discipline and buy Miners.
    You can't get much more sideways in 1 day than that!
    28 Aug 2014, 09:45 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1164) | Send Message
     
    That is my attraction to trading these 3X ETF's. They are horrible investments, but in the sideways markets, their volatility presents nice opportunities to profit on short trades. If the market does start to move beyond either its high or low range of recent, you just need to stop out and take your loss if you are on the wrong side of the movement, but I still feel this should trade in a range that we have recently seen.
    28 Aug 2014, 10:37 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    Since Dividends in RL are paid whenever the Board says they will be, the Challenge just pays them on the Ex date rather than monitor the company news for when the Board will pay. Remember that your position has to have Settled by a certain date to get the div in this Challenge, where in RL things can vary a bit. If there is a Bank Holiday involved, that adds to the settlement date.
    I am just kind of in survival mode atm. I didn't buy on today's dips because I'm not sure the dip is over. With the confirmation of >1K Russian troops in East Ukraine, War and Rumors of War will continue to unsettle the market. If any of my positions look to be in jeopardy, that is when I will check their status with BlockDesk. If they are still over the 87% "Buy" range, That's when I'll average down.
    That's the beauty of knowing what the Market Makers think. I can confidently buy on dips if the MMs still favor a stock, or know not to if it is not in the Buy Range.
    (NYSE:ETE) saved my tail today, as it went up >$1. It worked out to ~1.8% or so, and I have a sizable position there.
    Early indicators from overseas indicate a mild rebound tomorrow after Obama stated that no incursions into Syria were planned, as well as emphasizing that Ukraine is not in NATO and thus is a European problem. That indicates to me that western oil companies that do not have heavy Russian involvement should pop on the basis that the majority of NATO countries will be buying more energy from sources outside Russia. Merkel is the one on the "hotseat" right now, as Germany hates the idea of Russians in Ukraine; but Germany has to probably replace a huge amount of energy purchases, which last year came from Russia. (NYSE:XOM) and Chevron (NYSE:CVX) have heavy investments in Russia, so I would personally avoid them for now.
    28 Aug 2014, 06:54 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » OW

     

    The challenge didn't pay my (NASDAQ:PSEC) on any date so far !! hehe

     

    Didn't on the ex date which I was expecting !! Half of my exposure was in this stock for the dividend. Ten cents a month !!!
    30 Aug 2014, 12:56 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    IT;
    If you (or anyone else) wants to see inside Blockdesk.com before the Traders come back from vacation on Tuesday, message me an email address; and I will send you my Email address. That way when I send you screenshots, you know it's not from a Spammer.

     

    I can also (and prefer to) do Skype and show you my screen as I explain over VOIP as that saves me tons of typing and time.

     

    As an alternative, I am going to try to create and either send out, or post a video primer on my Blog once I figure out the details of how, probably using a camera on a tripod and talk as I work, or overdub if I screw up my narration. Does anyone know any other way to continuously record their screen? I have the hardware and software to record TV shows, or music directly from any music source into my computer; but I don't have any output software that I know of. The camera that I can set up is a professional level 18MP Cannon Digital. It's capable of far more than I know how to do with it. It records directly into a 32 gig chip, which I can plug right into the slot in my computer, play on-screen and overdub using Video Editing software. I'll have to see if SA allows you to upload videos into a Blog. Heh maybe I can post it to YouTube LOL.
    28 Aug 2014, 10:47 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2808) | Send Message
     
    OW you can always post links to youtube (2YT?) here, as far as I know anyway.

     

    I'm slowly getting around to understanding what you are doing, but its still quite mysterious to me.

     

    Maybe if I studied harder but to me its good enough for now to just treat allocation like flying a glider, all you gotta do is watch the terrain and plan ahead to execute a turn into the rising wing to catch the best updrafts.

     

    If you watch what the hawks do its not that hard but you gotta have a good way to know how to judge those invisible wind currents and directions.

     

    Good scouts always know how to read the smoke signals. Either that or pay attention to someone else who does, especially if they're listening on the right frequencies.

     

    http://bit.ly/1n4kzob
    29 Aug 2014, 01:22 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    Economic Analyst and Old Warrior, I bought (NYSEARCA:BND) and (NASDAQ:BNDX) in the US Dollar Challenge today. The market has been kind this morning and my portfolio is creeping up to 91st place. That's far behind both of you, but isn't having $1 million in virtual money a lot of fun?
    29 Aug 2014, 11:47 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    Heh, I think I have made about 3 trades there. Maybe I'll go look at it this weekend.
    29 Aug 2014, 02:34 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2808) | Send Message
     
    Crademan, why not (NYSEARCA:TLT) instead? I think what you should be looking for is long duration as a part of a balance portfolio to capture the rising premium for low risk return of capital as a counter to possible downdrafts that are inevitable when those summer monsoons pass through.
    29 Aug 2014, 01:28 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    Economic Analyst, Thanks for the suggestion. I've been a "Boggle-head" so long I didn't even think of TLT.
    29 Aug 2014, 01:49 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2808) | Send Message
     
    Or to follow my own advice, why not (NYSEARCA:TMF)?

     

    Now why didn't I think of that before?

     

    Then I can up my allocation to equites a notch with that higher risk premium on the dowside and possibly speed things up just a bit on the upside.

     

    http://bit.ly/1hptGkb
    29 Aug 2014, 06:15 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » I'S STILL LOOKING FOR MY (NASDAQ:PSEC) DIVIDEND !! LOL

     

    Bad enough I am watching my major holdings price dropping, but to not get that .10 cent monthly dividend really hurts !!
    29 Aug 2014, 01:43 PM Reply Like
  • nocnurzfred
    , contributor
    Comments (574) | Send Message
     
    IT; I have (PSEC) in the million $ Challenge, don't know how to check the dividend, just figger it will get there when it does. Fun to jump from it, to the IT Challenge, almost like different dialects of a common language simply due to the $ amounts. Anyway, top % gainers are (BGS), (GILD), & (UIL). Did really well with (COH), but sold all of it in 3 trades. Ready to add some mid/downstream O&G companies, did well with (APC), (BPL), and (MRO). Still holding (BWP), & (COG). (ETE) looks real good for a longer term real money portfolio.
    Thanks guys; will be seeing me at #1 soon!!!
    1 Sep 2014, 08:03 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    My current stocks
    (NASDAQ:NFLX) (NYSEARCA:XBI) (NASDAQ:IPXL) (NYSEARCA:IWP) (NASDAQ:DXPE) (NYSE:ETE) (NYSE:COF) (NASDAQ:MDSO) (NYSE:RGA) (NYSE:CHD) (NASDAQ:JAZZ) (NASDAQ:BIIB) (NYSE:MGA)

     

    Every one has good potential according to the Market Makers.
    29 Aug 2014, 06:27 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    My positions in the IT Investment Challenge haven't changed this week. With no research effort on my part, diversified VTI has produced more growth than my carefully selected stock, PWR. (Thompson Reuter's Report Rated PWR a Strong Buy 10 and S&P Analysts gave it a 5 Star Strong Buy.)

     

    For an unskilled investor an ETF basket of stocks is probably a better & safer investment than his or her best effort at choosing a single stock.

     

    (NYSEARCA:VPU) 55 89.64 94.61 5,203.55 5.54%
    (NYSEARCA:VTI) 378 99.67 103.88 39,266.64 4.22%
    (NYSEARCA:VNQ) 134 74.80 77.18 10,342.12 3.18%
    (NYSE:PWR) 68 35.29 36.34 2,471.12 2.98%
    (NYSEARCA:BKF) 125 40.08 41.11 5,138.75 2.57%
    (NASDAQ:VXUS) 285 52.73 53.97 15,381.45 2.35%
    (NASDAQ:BNDX) 97 51.55 52.24 5,067.28 1.34%
    (NYSEARCA:BND) 242 82.06 82.58 19,984.36 0.64%

     

    P.S. In the US Dollar Challenge, I spent $500,000 on PWR. It yielded 0.14%. But $395,000 invested in VTI yielded 0.15% in fewer days.
    30 Aug 2014, 10:06 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2808) | Send Message
     
    Looks like (NYSEARCA:VTI) beats both (NYSEARCA:SPY) or (NYSEARCA:DIA).

     

    But wish I had more (NASDAQ:QQQ)!

     

    Like I heard one small cap fund advocate say yesterday, its easier for a company to grow from say $100M to $200M than $100B to $200B, and the large caps have so much free cash to invest they target outstanding small caps for acquisitions.
    30 Aug 2014, 12:36 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » Boy, I wish I had my (NASDAQ:PSEC) dividend..lol

     

    I wrote an email to these folks. Let's see if they respond...

     

    My strategy will have to change if they don't post the dividend next month when it is really due. I got my (NASDAQ:FSC) on the ex date. I saw OAG got (NYSE:SLW) on the ex date as well.

     

    So why not (PSEC) ???
    30 Aug 2014, 12:51 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    IT, Sorry about missing the PSEC dividend. Hope you get it added to your portfolio soon.
    30 Aug 2014, 04:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » CRADE

     

    If not I quit !! lol
    31 Aug 2014, 04:28 PM Reply Like
  • Robert Duval
    , contributor
    Comments (6006) | Send Message
     
    IT,

     

    SIGN me up for the challenge.

     

    Equal weight SHORTS ALL -- in the following:

     

    (NYSE:TCS)
    (NASDAQ:ANGI)
    (z)
    (grub)
    (p)
    (mbly)
    (NASDAQ:WPRT)
    30 Aug 2014, 05:10 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    Robert. You need to follow this link http://bit.ly/1jWomHV to sign up. That is where you register to IT Challenge. Password to IT Challenge is BeSmart. You do your own trades, and unfortunately, only you can see your trades. They only show the weekly rankings to everyone. When you log in, it defaults you to "US Dollar Challenge". Up along the top bar, the second dropdown is "Challenges". Select IT Challenge.

     

    You start with 100K, and can Margin up to another 100K. I do not know the rules for "Margining" Shorts.
    30 Aug 2014, 06:18 PM Reply Like
  • nocnurzfred
    , contributor
    Comments (574) | Send Message
     
    If you have the time for it, register for both Challenges. Real easy to skip from one to the other. Can get a little confusing, so realize which Challenge you are in & look at it before doing anything. "Nuther thing, make sure the trading window says what you want it to read, the "Market, limit, etc window" will jump around some, and oftentimes takes a second command to actually do what you are telling it to. Have some fun with $100K and the $Million one too.
    1 Sep 2014, 08:20 AM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    The game's Trade button also offers the choices of "Buy, Sell, Short, Cover." I understand Buy & Sell, but can someone explain what "Short" or "Cover" would do?
    1 Sep 2014, 02:53 PM Reply Like
  • nocnurzfred
    , contributor
    Comments (574) | Send Message
     
    crademan; I do not understand that stuff either. Seems as though most of the SA universe is very well adept with trading, covering, calling, putting, and whatever. Do be carefull of that 8% charge for margin, or whatever it is over the original $100K. Am sure OW could verify this, as he did that for another near $100K, and now will be charged that 8% rate. Kind of like buying gold/silver coins on a 24% credit card and hoping to make some money.
    1 Sep 2014, 03:13 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » CRADE

     

    It's simple...COVER.... What one does when the POTUS speaks about his foreign policy. You were a teacher I believe. So here it is in a sentence, although please don't correct my grammar .. Run for "COVER" once he reaches the podium and says he has no plan for Syria.

     

    Now SHORT. I am too "SHORT" to climb up that ladder that leads to the bunker !!

     

    I think I got it right ???
    1 Sep 2014, 04:23 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    nocnurzfred, Ooops! I accidentally bought a bond ETF on margin Friday. That mistake will cost 8%? Ouch! I've put in a sell order for Tuesday & hope the virtual broker accepts my cash soon after the transaction.
    1 Sep 2014, 05:28 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    IT, How do you like this app?http://bit.ly/1toYfwR
    1 Sep 2014, 05:36 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4014) | Send Message
     
    Crademan,

     

    It is 8% APR. The interest is either charged daily or weekly (I'm not sure), so it would be 8%/365.25 (if daily), or 8%/52 (if weekly). Not nearly as bad as it sounds - even if you fully margined $100k for a short time. ($21.90 on a daily basis, or $153.85 on a weekly basis).
    1 Sep 2014, 06:53 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    @Crade
    to "Short a stock, you essentially borrow a stock and sell it, hoping to be able to buy it back later at a lower price. To "Cover" is to close out a "Short" position (hopefully the stock has fallen and you make a profit). The real danger of shorting is that your risk is essentially unlimited as there is no limit on how high a stock may climb after you short it. It's not something to play with in RL without a great knowledge of Options and much data about the company you are shorting. If you are absolutely convinced of a correction, open another account and play with shorting some stocks. You will see just how fast you can lose money. Your gains are limited to the price of a stock, so it's crazy to short really cheap stocks. The Risk/Reward is not there. That may be why Zillow(Z) has ~20% of it's shares "Shorted", as a LOT of people think it's meteoric rise will crash. It just might, and valued at ~$143.5, it can fall a long ways compared to a $10 stock. Zillow's 52 week low was a tad over $70.

     

    I am operating on the assumption that the 8%APR on my Margin is calculated by "Average Daily Balance" like a credit card. That would be the only easy way to program a "Play Challenge" like this cheaply, and still be accurate.

     

    If I used my entire Margin, my monthly bill would be ~.022%/day. That's ~$22/day, or ~660/month on a 30 day month average. Since I did not buy enough stocks to hit Margin until ~mid month, and hit a max of ~80% at any point, my bill will be ~$300, probably taken out on the first business day (Sept 2). My profits are ~9,730 for that time, so it won't hurt much overall, but I will be hard pressed to lead again for the week. As I pointed out in my "Pig Joke", winning the weekly challenge becomes almost exponentially harder as people who are far down can gain back a higher % of their lower account much easier, 1 winning stock can do it, as we see in the people who have gained up on me during the weeks, only to fall back on the Overall.
    1 Sep 2014, 11:47 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    Thanks for an excellent explanation of Short and Cover, Old Warrior. I'll stick to Buy and Sell.
    2 Sep 2014, 11:36 AM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    JB, Thanks for the margin explanation. I'm still selling enough PWR (if it hits my limit price) to cover the loan I accidentally took in the US Dollar Challenge. William Shakespeare's advice still rings true today. “Neither a borrower nor a lender be, for loan oft loses both itself and friend, and borrowing dulls the edge of husbandry.”

     

    2 Sep 2014, 11:39 AM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » OW

     

    Actually your margin is suppose to be sent to my paypal account.
    2 Sep 2014, 04:57 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    I threw a bunch of "Funny Money" at the US Dollar Challenge today for giggles to be bought Tuesday.
    What gets me is how they calculate weekly leaders by % of invested money, not money increased as a % of your starting "pot".
    "markwopus cash-3,009.80 Market Value 8,306.00 Start 4,331.07 Now 5,296.20 =22.28%"
    This guy is leading for the week by losing all his money until his portfolio value is at 4331.07, then gains to 5296.2 and gets a #1 weekly spot for his 22.28% gain, nevermind that he has lost a tad shy of a million bucks.
    Just shows you how hard it is to hold onto the Weekly top spot, when I have to earn ~2x as much money as someone at a 5% gain overall, and a TON more than someone who has lost the farm and his last sow has piglets!
    31 Aug 2014, 01:45 AM Reply Like
  • nocnurzfred
    , contributor
    Comments (574) | Send Message
     
    OW; Yeah, I saw that too, just figgered it was a typo or something, and moved on. You had gotten pretty used to that #1 spot, that interest over the original $100K is gonna hurt you though. Polish that there crown, I am coming after it!!!!
    1 Sep 2014, 08:25 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    That Crown has never been taken out of the delivery box yet. It will be far easier to FedEx it off to you if I hit a few bumps. LOL
    I am going to be selling off a portion of my Margin, or be ready to, if some of my stocks back down. In the meantime, that margin bill will be ~3% of my profits(just under $10k), or only ~$300. With 180k invested, a $300 daily swing will be barely a blip.

     

    I would never reach such high margin levels in a Real Portfolio. Margin Calls can be a nasty surprise. The most I have ever had on Margin in RL was like 40% of my available Margin, and that was just overnight until my money transfer arrived. I try to keep my Margin under 10% of available Margin, but 8% apr for small accounts is cheap right now. I may never see levels this low again in my lifetime. As I have said before, my RLP is not my retirement account, it's just a place to hold liquidity, and over the last 3 months, I have had to dip into it to pay for a Roof, New Air Conditioning, and the medical bills from my wife's stroke. She was hospitalized for a month between the Acute care hospitals, and the Rehab Hospital. You don't want to be putting those kind of expenses on your Credit Card!
    2 Sep 2014, 12:08 AM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    OW, What if your hotel bill was like a hospital bill? http://bit.ly/1lGfWFY
    2 Sep 2014, 12:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » OW

     

    Looks like your on a nice role right now. Keep it up !!
    Your my hero ...
    2 Sep 2014, 05:05 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    Welcome to the IT Investment Challenge 2 game, Robert D.
    31 Aug 2014, 04:47 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » Robert D apparently hasn't signed up yet. I hope he does join us !!
    2 Sep 2014, 05:04 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » Wonder how long it is going to take for the Admin to answer my question about my (PSEC) dividend ??? lol

     

    Had JBT been in charge this would have been fixed days ago !!

     

    I want my $350 plus bucks !!!!
    1 Sep 2014, 04:26 PM Reply Like
  • nocnurzfred
    , contributor
    Comments (574) | Send Message
     
    Having my 2nd cup of coffee now, while I sit & chat with you folks. You make me smile. You guys are so respectful of one another, readily swap ideas, and are teaching me things I want to know. Not sure if I will get in on the Challenge early today, having a dear lady friend over for coffee (more), cookies & cigarettes. Oh heck, got time for one more jag of that Vodka in the freezer before she gets here. Will check in soon.
    2 Sep 2014, 05:54 AM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    Thanks fot the kind words Noc, We are here to help each other and not be involved in Flame Wars. Even after the many years I have been trading, I never had the real definitions of "Contango" and "Backwardazition" so fully explained to me until I read those references.
    Even an old dog can learn new tricks here. In any event, I assume that had I ever researched and gotten into Options Strategies, I would have heard those definitions long ago, but Options just take too long to study up on, when I would rather be researching stocks. That is my real hobby, My RLP is just how I grade myself on how well I understood the stocks that I researched. I take chances with this "Monopoly Money" that I never would with my real money, but my results are coming out near the same %wise, just in bigger chunks in here.
    Never hesitate to ask questions, someone here will surely at least find a reference for you to read about it, if not have the answer outright like on Shorting and Covering shorts.

     

    And pass that Vodka around while you have it out <g>. I have some Oranges I'll contribute.
    2 Sep 2014, 09:16 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » OW

     

    I had to read a few articles until I stumbled onto those definitions, although they still confuse me.

     

    Now I will take that Vodka with my Tomato juice, a lemon, and yes ....green olives !!
    2 Sep 2014, 09:27 PM Reply Like
  • nocnurzfred
    , contributor
    Comments (574) | Send Message
     
    My best trade last week was 2 1.75 litre bottles of Vesica (Polish Potato Vodka. $35 for both, with a $25 rebate!!. Beat that!. Anyway, in the spirit (hick) of education, store that cheap stuff in the freezer (will not actually freeze), but will certainly be much more palatable. Goes well with cookies, beans, sandwiches, kind of like that universal solvent thing we all were supposed to learn back in school.
    2 Sep 2014, 11:01 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    I was really more into Tequila until I got put on all these Medications. Opiates and Valium don't go well with Alcohol. Valium is 100 times as soluble in alcohol as in water. Throw in some opiates and you have a hellova Margarita LOL. Alcohol is pretty close to a universal solvent indeed. Been so long since I could drink, I don't know much about what they cost. I can still remember buying "Buckhorn Beer in the 60's for 69 cents a 6-pack <g>.
    3 Sep 2014, 12:50 AM Reply Like
  • nocnurzfred
    , contributor
    Comments (574) | Send Message
     
    Genny Cream Ale @ same price (on sale)well into the late 60s. Then kind of switched to Boones Farm Apple for 99 cents, but that got tired quickly. Tequila? My favorite, but it has to be good stuff @ a good price. The cheap stuff will hurt you badly. Just another little info tip to those who don't know. SA, it's working!!!
    3 Sep 2014, 01:41 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    I live in New Mexico, so it's not hard to get the best Tequila (100% Agave) here. People here know their Tequila, and the mediocre stuff won't sell.
    Stuff like Cuervo is only like 51% Agave, but advertising sells it up north.
    Hornito's is my favorite. No worm, but smooth as silk. I'll let the Gringos drink the wormy stuff. (I'm not Hispanic, I've just lived here too long LOL).

     

    I just bought my year's supply of Hatch Green Chiles as well. They are best when fire roasted, then wrapped tightly while still hot so they finish cooking by "self steaming". That way the skin just wipes off.
    3 Sep 2014, 09:08 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4014) | Send Message
     
    Tequila tastes like turpentine to me. ;) Blech.
    3 Sep 2014, 09:42 PM Reply Like
  • crademan
    , contributor
    Comments (1457) | Send Message
     
    IT, Since you are starting out in first place today, this may be your theme song this week. Wishing you luck! http://bit.ly/1lGcLxT
    2 Sep 2014, 11:45 AM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » CRADE..

     

    Maybe this is better ??

     

    http://bit.ly/1lGe1Bi

     

    Brings back memories. Bur gold getting smacked and silver makes no sense imo.. I will never figure that out..
    2 Sep 2014, 12:00 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    IT I just hope that where it shows your last trade as "NUGT" that you were selling it and not buying. Gold was below 1265 a while ago, but up a dollar or so now.
    2 Sep 2014, 09:01 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » OW

     

    Nope, I bought it after the large sell off today. I expect a bounce and will then sell after a profit. Might take a few days but it will pop at some point.

     

    Then again if it doesn't ????
    2 Sep 2014, 09:05 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » I sold all my shares of (PSEC) and bought (NUGT). Oh, I was emailed that they did make a mistake with my dividend for (PSEC) and put the trade in. However never added the $$$ to my account.

     

    So it is still screwed up. I am taking a gamble here that gold is oversold for a short term trade !!
    2 Sep 2014, 02:32 PM Reply Like
  • Ordinary Average Guy
    , contributor
    Comments (1164) | Send Message
     
    I sold 2,000 shares of (JDST) today at $11.16. I had bought that on 8/28 at $10.38.

     

    I bought 3,500 shares of (SAND) at $5.66.

     

    I am assembling all of the data as I continue to work on my black swan forecast in terms of, what, when, and how bad it will be.
    2 Sep 2014, 03:13 PM Reply Like
  • nocnurzfred
    , contributor
    Comments (574) | Send Message
     
    Bought back 1600 shares of (COH). Made me some phake money a week ago or so, maybe again. Oops, that was in the million $ challenge. Nothing on ours today, yet.
    2 Sep 2014, 03:43 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » So I see we are bracketing our symbols yet SA is having an issue I guess.
    2 Sep 2014, 04:59 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » HERE IS MY PORTFOLIO AS OF NOW !!

     

    (KO) 250 39.35 41.64 10,410.00 5.82%
    ( PG) 125 79.46 82.98 10,372.50 4.43%
    ( PM ) 100 81.89 85.49 8,549.00 4.40%
    ( O) 275 43.57 44.63 12,273.25 2.43%
    ( FSC ) 2,000 9.79 9.85 19,700.00 0.66%
    ( NUGT ) 930 41.98 41.29 38,399.70 -1.64%
    2 Sep 2014, 05:46 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    Even though It violates my set "sell discipline", I unloaded my (MGA) today just to reduce my Margin Exposure. I only lost $173 plus commissions on it, so it really has virtually no effect on my overall portfolio value. That is like .001 of my investment. I may also reduce the size of some other near neutral holdings to further reduce my margin exposure. I'll just have to wait until something falls back to near neutral, so my study stays Valid. To this point, I have had 5 stocks sell out at their Price Targets, for a gain of ~$5000 or so, depending on commissions and my Margin Bill. I have not seen where they have extracted either at this point.
    2 Sep 2014, 09:32 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    While I don't see it in my charges, looks like I was charged $338.22 for my Margin Fees if my math is correct.
    3 Sep 2014, 12:54 AM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » The POTUS and the Fed set up this challenge. It is called a "hidden tax" !!
    3 Sep 2014, 04:38 AM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » RADICAL CHANGE TO MY PORTFOLIO.. I SOLD EVERYTHING AND BOUGHT ( FSC) WITH THE FUNDS ALLOWED. I GUESS WE HAVE A CLEARANCE PROCESS BUT I PLAN ON BUYING MORE WITH WHATEVER CASH I HAVE REMAINING WHEN THE CHALLENGE ALLOWS IT !

     

    Going for the dividend approach again !!
    3 Sep 2014, 01:11 PM Reply Like
  • Interesting Times
    , contributor
    Comments (12961) | Send Message
     
    Author’s reply » MOVING ON !!!

     

    http://seekingalpha.co...
    3 Sep 2014, 07:55 PM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (176) | Send Message
     
    I made a killing in TZA today. Russell 2000 is falling like a rock.
    Buying 3X inverse ETF beats all other strategies. Please see my blog.
    30 Sep 2014, 09:49 PM Reply Like
  • OldWarrior
    , contributor
    Comments (2570) | Send Message
     
    Dr Ken
    I agree, but if you look, we moved to Chapter 4 almost a month ago. You should maybe post there. Those are a good strategy as long as you don't hold the 3x shorts too long. The 3x Longs will be great once the correction stops. I used them a LOT in the first 2 Q's.
    2 Oct 2014, 06:28 PM Reply Like
  • al roman
    , contributor
    Comments (9589) | Send Message
     
    $bit.ly
    25 Oct 2014, 07:44 AM Reply Like
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