Archive for September, 2008

Tuesday.

September 30th, 2008

All I feel like doing is getting rid of all of my losers (basic materials) today, but I’m pretty sure that it’s the wrong thing to do.  I keep telling myself to stop panicking and let it play out.  Gotta BELIEVE. The good news is that the McClellan Oscillator made a higher low, while prices [...]

WOW

September 29th, 2008

Ummm….WOW. I just added 50 shares of DIG at $58.10.

Poker Hands

September 29th, 2008

Had a ton of interesting hands this weekend (all in $2/$5 NL, $500 max buy-in): I raise to $25 with pocket Jacks.  4 callers, with one behind me.  The flops comes 3-4-7 with two spades.  I bet out $80.  One caller behind me, the rest fold.  The turn pairs the board with another 4.  I [...]

Monday.

September 29th, 2008

Okay, I am long oil here: Long 100 DIG at $63.20 Long 100 NOV at $48.37 Long 100 RIG at $113.59 Long 1500 AVR at $3.63 I’m probably going to add another 100-200 shares of DIG depending on what happens over the next few days. The basic materials sector is skinning me alive this morning.  [...]

Testing wordpress on iphone

September 29th, 2008

What’s up son

Friday.

September 26th, 2008

Played from about 6pm til about 10pm yesterday.  Ended up losing $14.  Hah.  I made two failed “semi-bluffs” and that was all she wrote.  Pretty stupid of me, but I was trying to use my tight/solid table image and I ran into the nuts both times.  DAGGER. The first hand, I had pocket tens in [...]

Thursday.

September 25th, 2008

Definitely heading up to AC today.  Looking forward to check raising some tourists at the Borgata over the next few days.  We’re supposed to get quite a bit of rain from today until Saturday, here in DC, so it’s not going to be a fun around here anyways.  Might as well throw some coin at [...]

Wednesday.

September 24th, 2008

Pretty boring today.   Still waiting for DIG to come to me.  That’s about it for the markets. So, it’s “Dallas Week” here in DC.  Game time is at 4:15pm.  We’re 2-1 and the ‘boys are 3-0.  I think this picture says it all: Check this out, this idiot carried around a second wallet, just in [...]

Tuesday.

September 23rd, 2008

Just put some money to work. Instead of buying 500 shares of UYM, I’ve decided to buy 400 shares, and then buy 50 shares each of MOS and MON. So, I just bought: 400 UYM at $60.38 50 MOS at $92.11 50 MON at $116.15 SMN hit my target above $40, so I’m long UYM [...]

Golf Rules

September 22nd, 2008

Got into a little bit of an argument with one of my golfing buddies on Friday afternoon at Fairfax National. On the 16th hole, I hit my drive into the left rough. It was clearly in-bounds somewhere, as there weren’t any hazards around. Well, we go up to the area where my ball is, and [...]

Monday.

September 22nd, 2008

Nothing to do today. Just sit back and wait for my setups to come to me, then when the time comes, I will pounce on them. Two plays in particular that I’m watching, UYM and DIG, which also means oil related stocks (RIG & NOV) and basic materials stocks (MON, MOS, POT). MON has looked [...]

Friday.

September 19th, 2008

F this madness.  I’m going to go play golf.  Fairfax National.  Playing golf should keep me out of trouble today. I got an email from an old coworker this morning: Subject: stock market how u doing in the market? I bought WB on wednesday for $10 a share. Look at it now. My response: This [...]

Genius

September 18th, 2008

I am looking like a friggin genius right now: Dow is up over 300 points.  Short sellers are being squeeze like hell.  SKF at $117.  SRS at $81.  TWM at $69.  Genius.  Lesson learned.  Don’t ever F with the McClellan Oscillator.  Stick to the plan.  Go play golf if I have to.

SKF

September 18th, 2008

Brutal. Is this one of HPT‘s Ball and Dick patterns?  Don’t F with the McClellan Oscillator.  That shit never lies.