Date updated:07-10-2008
LONG / Short Portfolio Style
11/20/07 Every dog has his day and the portfolio is making a killing hitting the shorts right on the head. Have been stopped out of many of my long positions, with the exception of natural gas plays, Canadian Oil trust plays and FSUMF on the Australian market which will double to 100 in 2008
11/12/07
I have been stopped out of many of my stocks and the shorts are making up for all the small losses. The Leaders of this market that carried it to its highs have now broken down. Google, Apple, Rimm, Cisco and China Mobile- this was one of the major indicators I have been watching for!!!
10/31/07 Although I am still negative on the market intermediate term , I am not going to fight it during the short term. Be nimble, use and update stop loss orders, slowly lock in profits on large gains, look at some dividend payers and think outside the box. Consider hedging your longs with a small position on PSQ or DOG (they work as shorts). I still like the Canadian energy trusts and enengy plays like DVN, XTO, UPL and natural gas in general.
12/1/06
This market is overheated but still shows signs of further upside. Be nimble, this market could (and should) retrace this move.
Have exit strategies for your postions. Raise cash. Look at puts, shorts and PSQ

-
HTE
Harvest Energy Tr - $20.14
- +2.70%
- $19.77
Harvest Energy Trust-- Canadian Trust. Great value, yields 17%. I expect the dividend to be cut but the principle should maintain. (Bought at 23.50)

-
PSQ
Short Qqq Proshar - $56.8199
- -0.66%
- $57.16
Nasdaq Short. If my portfolio can outperform the market it should be profitable no matter what the market does because of the size of my shorts.

-
LUK
Leucadia Natl Cp - $43.86
- +0.71%
- $43.41
Finally bought, should have bought years ago. Core holding, long term. Take a look bought at 30. Sold out at 52, will hope for a drop to 40.

-
XTO
Xto Energy Inc - $52.29
- +3.22%
- $52.10
XTO Energy- Bought at 58 (split adjusted, 42)

-
MICC
Millicom Intl Cel - $79.81
- +0.29%
- $79.49
Millicom Intl Cellular, bought at 94.4

-
WFR
Memc Electronic M - $49.84
- +2.83%
- $48.71
MEMC Electronic Materials- They make silicon wafers for solar power generation. Solar has been losing investors millions for the last few decades but now the time has come where the cost, technology, and will have aligned to make it feasable. Oil prices are sky high, LNG and CNG infrastucture isn't ready yet and ethenal is an inefficient political answer to a much bigger problem. Solar has its problems too, its biggest problem is a shortage of silicon wafers that collect the suns energy. So MEMC Electronic Materials owns the bottleneck to our best solution to the energy problem. Its not cheap, but still going higher. Estimates keep getting raised and they keep beating them. That is called hypergrowth. Story remains the same but i got stopped out at a 8 % loss.

-
ENER
Energy Conv Devic - $78.34
- +2.08%
- $76.69
Energy Conversion Devices- Losing money, missed 3 of last 4 quarters, EPS lowered. New CEO brought in from United Technologies with a wealth of experience. very low debt. Three business segments- (1st)Thin film solar panels, (2nd) Batteries and battery patents including a leading battery for Hybrid cars (3rd) Memory chip technology research. Reasonable price in the hot solar market and they have a cost advantage because they don't use the more expensive silicon wafers. Let your winners run and cut your losers. Bought at 28
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11/09/2006 04:30 AM CST Asked by BigCityChicken
I like your world view.........some nice picks too.