Yesterday, I sold 400 shares of NOV at $133.25 (entry at $127.23) for a $2408 gain (+4.7%).
Of course, looking back I wish I would have held on (it’s currently trading at $136), but I can’t complain about a $2400 one day profit.
Yesterday, I sold 300 shares of SDS at $88.37 (entry at $87.49) for a $264 gain (+1.0%).
Yesterday, I sold 300 shares of DDM at $90.26 (entry at 89.12) for a $342 gain (+1.3%).
Yesterday, I sold 200 shares of NEM at $45.17 (entry at 43.75) for a $284 gain (+3.2%).
Yesterday, I sold 200 shares of DBA at $26.98 (entry at $26.60) for a $76 gain (+1.4%). My reason for exiting the ETF with such a small gain is I felt I could make more with specific, leading ag related stocks like FLR, MDR, MON and FWLT.
Today, I sold my positons in BCSI and UA for nice gains, covered the GS short, and took positions in GRMN, FWLT, VDSI and NVDA. I am also still holding SII, LEH (short), SRS (short real estate ETF) and LFC.
I may look to short the S&P 500 if we near 1490-1500.
I went short yesterday and bought the SDS. Keeping a tight stop under $54.10.>>See my reasoning>http://www.stockroar.com/2007/09/12/inverse-short-trade-ultrashort-sp-500-sds/
I bot 500 SDS at $53.67 just when the S&P hit 1490. Trying to decide if I should sell here or wait.
I just sold 500 SDS @ $53.94 for $140 gain. BTW, nice blog. I like your ideas.