Very pleased with the stocks so far this year. My portfolio doesn't go anywhere unless the market as a whole does. I let Cramer talk me into a stock for the first time, United Health Group (NYSE: UNH). It is by far the most capitalized stock I own, more than twice as big as Valero. I bought a few shares at $62.00 because I think they have mostly digested PacifiCare, and because of the AARP deal. Who can resist the market potential of the members of the AARP.
I also added to my shares of Valero last week. They closed above fifty-four on Tuesday, and I was waiting with a limit order of $53.60 for the next market open. I don't know if I have another energy play in me, because the valuations are all screwy. I don't understand what's happening with natural gas, it should move with oil but it's going the other way. Maybe I need to cycle into some precious metals. I am sorry to have sold NFX when I did, but at the time I really just wanted to book profits, and I forgot that the intra-day price is often very different from the close, or the next day's open. Anyway, what's past is past.
What is the future of IRobot (NasdaqNM: IRBT). This is a stock that I want to own, but not at thirty-three. I would feel better about my shares if I could get them for $32. I like that they make robots that help our soldiers detect IED's. They are going to depend on consumer demand for whoombas and roombyas and all that.
Trying out a new charting method. I think that one can make money on any stock, because of short sales and options. The value of a company doesn't change much on a daily basis, but it's stock price sure

I took a look at Hollis-Eden using this method. Ever since becoming my worst trade ever, I have plotted my revenge. It seems to me that the stock has some support at $4.50, but the volume has really tailed off. If I were to someday open that margin account and sell short, I would wait to see if the stock re-tests $4.50. If it breaks that downside resistance, I would then go short. This is my fascination. This is my nightmare, a snail crawling along the razor's edge.
No comments:
Post a Comment