Following are the trades for today.
RIMM short target met at $127.50 cover at days end of $124.75 500 shares $1375.00
Buy target met for 300 shares CAT @ $59.00 =($17,700.00)
Buy 1000 shares GT @ $17.54=($17540.00)
Sell 500 share COP at $63.31=31655.00
Sell target for PD $102.50
Sell target for BIDU $97.50
Todays transactions: ($2210.00)
Commission: ($40.00)
Total transactions: ($2250.00)
Portfolio:
BA 100 shares long @ $85.45=$8545.00
CAT 300 shares long @ $59.20=$17760.00
PD 200 shares l0ng @ $101.19=$20238.00
ADM 200 shares long @ $35.76=$7152.00
BIDU 400 shares long @ $96.07=$38428.00
GT 1000 shares long @ $17.54=$17540.00
BDQCT (BIDU Dec 100 calls) 4 contracts short @ $420.00=($1680)
Total positions=$107,803.00
Margin $1886.20
Gain to date $5916.80 (5.92%)
Rationalizations for trades:
GT: Goodyear got a nice rise off of good earnings. I am going to see if I can catch some momentum.
BIDU: Setting a sell target of $97.50. It looks like it is sputtering a bit so I will hopefully get out tomorrow if target is met.
COP: COP has performed nicely so it is time to take profit.
GOOG: Still have buy target for $460.00
Good luck investors
Disclosure: I am not currently long or short any of the shares aforementioned. I have some speculative option positions in GOOG and RIMM.
Note to all readers: This post and all other posts in this blog are for entertainment purposes only. All of the stocks listed are very highly speculative, and the portfolio is not diversified and could produce severe losses if you were to invest in these stocks. None of these stocks represent a recommendation in any way. As an individual investor, you have to assume your own risk. Prior performance is no guarantee of future returns.
Thursday, November 09, 2006
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