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Gearing up for next week...

28 Apr 4:55am
 Next week's goal is to break 2.8 mil.  I made it to 2.78 this week, but a few of my larger positions lost ground on Thursday and Friday.  Here's a quick overview.  Please bear in mind that my spare time for research has been heavily cramped for the past month or so.  My research lately has consisted of eyeballing the moving averages on Google Finance, and browsing two or three financial websites.  I need to take some time in the near future to clear out a bunch o...

Wait, what? (Sumner Redstone v. YouTube)

Tags: redstone, cbs, viacom, via, media, youtube, goog, titans of industry, people, billion
14 Mar 2:51am
 What's going on here?  1. Sumner Redstone, is chairman of both Viacom and CBS.  2. Viacom is suing YouTube for $1 Billion.  (http://www.bloomberg.com/apps/news?pid=20601087&sid=aosSxAeAZdhI&refer=home)3. CBS' Stephen Snyder says that CBS's partnership with YouTube "is working, and it can continue togrow," adding that, "consumers love them, and we want to be whereconsumers are." (http://www.forbes.com/2007/03/09/cbs-google-youtube-tech-cx_lh_0309youtube.html) No dou...

Learn from the mistakes of others

Tags: massive losses, holy moley, goodyear, airlines, short, GT, AMR
2 Mar 3:45am
Oh, man, I'm getting destroyed over here.  If you want to make some fake money, just look at my portfolio, and do the opposite of what I'm doing.  Especially you might want to get a couple pieces of that Goodyear Tire while it's still going up.  Candlestick no tell lie. 

Pro-Pharmaceuticals up 68% for Feb. 14

Tags: oops, lucky, dramatic spike, pharma, medical, chemotherapy, drug, PRW
15 Feb 5:15am
 Well, look at that.  PRW went up nearly 70% in one day.  ( http://www.bullpoo.com/stocks/PRW/ ) The low was $0.25 on Feb. 9, and this afternoon the stock closed at $1.21 and rising.  Let's hear it for dumb luck.  I'm going to have to wrack my brain to remember how I stumbled upon this one.

About

zenoizen

Current strategy...

1. Reduce losing positions. I've got a slew of stinkers in my portfolio. Many of them are down simply because everything is down. Thing is, I need the cash to pick up a few things that I'm sure are due to move upwards. So, I'm taking some losses to get the needed cash.

2. Buy. Markets are down, but there's no doubt that there is going to be some general upward movement over the summer of 2008. I'm concentrating on ETFs to get the built-in diversification. Plus, I'm also trying to find ways to play different commodities and currencies etc. that will probably gain a few percentages... looks like corn, coal, the dollar and interest rates are the way to go right now...

3. Wait. A lot of the "crap" I'm holding is actually undervalued, and ought to return over the next quarter or two. My excessive shorting of QID will most likely be mitigated in the medium term. Time heals all wounds, they say. Hope they're right!