How Japan's Nuclear Crisis unfolded
[youtube=http://www.youtube.com/watch?v=ErBaYSA_Dxc&w=520&h=317] Although I have my issues with CNN, this video gives a solid breakdown on this nuclear crisis in Japan.
Before the discovery of Australia,…Closed SPY short on the open
It took a little of the sting off but far from a good day. We are outperforming the markets but that's saying nothing. You can't eat relative performance.
We shorted a large amount of S & P ETF
We shorted a large amount of SPY after hours when we learned of the deteriorating nuclear meltdown problems in Japan. Unfortunately we didn't short more. I'm sorry to say we did this as insurance…
Our 10 largest positions in order of size- subject to change
1. Tap Molson Coors 2. NLC Nalco Holding 3. AXP American Express 4. AAPL Apple 5. AMSC American Supercondcutor 6. OSTK Overstock 7. Cullen Frost CFR 8. BAC Bank of America 9. PG…
MBI- I'm very curious about this one- Earnings tomorrow
CEO Brown bought 100,000 shares of this mortage insurer in Nov 2010 at 10. The media has had lots of play about mortage irregularities and the potential of claims MBI and others might have against…
50% in cash now and waiting
The last couple of days for us have been very frustating. We were perfectly positioned going into the President's Day weekend and suffered almost no losses on Tuesday. I wish we could say we have…