3SOF

25 August 2005

Thanks a billion David I must say that I am honoured by your applause

Ok again on the road. Just turfing b/w 5 N and 5 S a lot. I agree with david on the bearishness of market. Well done and applaud. It takes courage to say that. Based on this I lightened some of my positions, gone DESC, CRGO, and half stake in VPHM which was already inflated 20% of my portfolio. I am jittery about holding BCON but will hold through the weekend. Goodluck all.

hi stocky, great thread (applaud)

Don't you want to start your own weblog where you post this kind of messages?

I just started mine at http://www.stock-diary.blogspot.com/

26 August, 2005

Thanks Nikao. Well all my posts are here as contribution to 3SF community from whom I have personally benefited. Also I want to share what I feel, know and anticipate about the market and some individual stocks with the great 3SF community. I hope we all can benefit by the collective experience. I am just not the blog kind though I may be essentially doing the same    
Also here I can count on feedback from valued viewers like you and others. So being a regular here is quite satisfactory to me.

Just back to the base and tired. But I managed to flirt with my portfolio before I started back home. Sold MSPD and bought back DESC for discount to the price I sold. I was pleasantly surprised by BTUI and happy again with VPHM. Penny stocks are doing ok but again EYII is wipping out all penny gains and more. Have to be patient with the trio [EYII, HYRF, HQSM]. Market may give some short term bounce. I am still looking to trim down more. Probably BTUI and BCON may go next. Goodluck all.

28 August, 2005

So oil going above 70$ and media have a field day painting domesday scenario. If you are getting hurt at the pump then its already there. Just spicing up may lead to some unwise selling and panic buying. The best may be to wait on the side lines. I dont doubt the power of market but had I been day trading, then tomorrow would have given big gap down at the open and some recovery at the end [I expect some sort of action by someone to take care of oil]. Above 3$ a gallon alternate energy becomes feasible according to one commentatory [dont remember his name]. Loading up on some may be yes or no. Penny stocks may be the worst hit. Anyway will see how it plays before the open. Take care all.

Hi Stocky
Liked reading all you're post.Sounds like you're a good trader.Was wondering if this is real trading or just paper trading to see how you would do if it was real.I'm a small trader with hopes to be able to trade the way you do on you're post.It's hard to make large gains when you don't have enough to make large buy's.One thing I've learned is If you're going to make money trading you've got to make large buy's or you don't make enough money to buy more of another stock.Every time I make a gain another one takes it away but I'm determined to learn this or loose what little bit I have to trade and quit.
Best of luck in you're trading
life is good
wrangler    

29 August, 2005

So it turned out to be, lower open higher close. The dream of any day trader. However, I have only precious half an hour in the morning to look, decide and pull the trigger. Sold BTUI and my three pennies [HYRF, EYII, HQSM]. All three may be wonderful stocks but here I am shakey [not ready for any mega dips. If the market is truning bearish then penny stocks are going to be the most sensetive.

Thinking of buying some underwater 3SF portfolio stocks. That may be a better strategy then using my own brains

I think HAL is going to benefit from the hurricanes. Dont know how much its going to add to the stock.

Thanks wrangler. Firstly I am myself a small trader, now a part time trader. Secondly whatever I am posting its for real, though I would like to put exact buys and sells but I am short on time but you can think of my buys and sells at market at close to open. In addition, its not a good principle to increase your trade size. The best could be 10% if you are small time holder and still the best may be 6.66%  Just take out the pay-check mentality and some gains and offcourse 'small' losses will pump up your portfolio steadily. Easiest way may be to go after 3SF portfolio. I wont recommend any penny plays for beginners or if you cant watch the tape all day.

Just goodluck and hope you make big in the market.

Thanks for the suggestions.I have bought one penny stocks it's INSN that is one of their penny stock picks.Got it at .0024 and so far it hasn't dropped below that.I know I won't make a lot but a little is better than nothing.
Good luck in the market
wrangler

30 August, 2005

Out of BCON, DESC and into SVA, SFP, SMTX and HQSM [half postion as in all pennies]. Just too tired to write more.

31 August 2005

And as I said two days back I expect some action to be taken by someone to address the oil crisis. But here I will say that the bubble may be bigger than we anticipate. So may have to wait out for that. The biggest beneficiaries will be the alt. energy group which may see speed up in the interest in them.

BRVO has news out. Changed my initial plan, the test of support means it may rise further. I am holding for today atleast. Lets see how things develop today. I will be adding more here after I am back from work.

So my portfolio as of today close is VPHM, BRVO [1.75x], SVA[2x], SMTX[2x], SFP, HQSM[0.5x]

Goodluck all.

1st Sept, 2005

Watching the market and going to buy some 3SF rec shares.

Sold half of SMTX and bought HOM [2x], SYNC, SNUS.

BRVO, SVA and SNUS fall was painful but I am holding. I still have mixed feelings about the market but I have seen that contrarian viewpoint to the popular press usually help you a lot. Just want to make a point that risk is high out there but seems like we are in for higher prices.

Holding VPHM  2xSVA  SMTX  0.5xHQSM  SNUS  SYNC  2xHOM  2xBRVO  SFP

Must say that I am lacking some discipline in holding oversize holdings. So I will try to cut down those 2x to single position. I think VRA has a bullish pattern, may be good for quick 20% tomorrow. If you want to chase energy stocks then consider FCEL and ETP. They may still be cheap relative to the bubble group.

Goodluck all.

2 Sept, 2005

Seems to be just another Friday. Watching the premarket and getting no clues.

Bought some more SNUS. Just wanted to add some BRVO but will wait and see. If and ever BRVO starts showing up at SUBWAYS via Coke, its going to be nice

Anyway I am not getting into any debat about BRVO just holding it till its on 3SF portfolio. Now have buying power for just two more positions. May be selling some on Monday. Goodluck all.

4 Sept, 2005

So where the market is heading? We may know that by next Sunday. Some experts including David thinks that market is headed North atleast for short term. I think that has to be validated by action in atleast two sectors: BIOTECHs and SEMIs. For Biotechs I will be looking at Biotechs Holders Trust BBH and for Semis I will be looking at Semiconductors Holders Trust SMH. Or if you have been following DNA, CELG, TXN and NVDA then it pays to look at them also.

Keeping the bigger picture in focus is much more important now then ever. Above all I will be gradually reducing my exposure as I see this rally short lived [may be good for two to three weeks but can't really predict with any probability].  Also I will throw a word of caution that market may turn South even though now we are expecting some correction upward. Thats the hallmark of 'choppy markets' and one should be cautious of actual breakdowns as much as fake breakdowns.

Another two tickers to keep on radar for general picture are DIA [dow jones industrial] and OIH [Oil Service Holders Trust].

At the moment I am relaxing, just visiting mall, shopping around, reading books at library, listening to radio and watching some plays at home.

CLRT may jump tomorrow. So watchout.

Goodluck all.

6 Sept, 2005

Now thats I call action. My portfolio gained 5% [mouthwatering b/c I was holding about 30% cash] just today. All but SFP and HQSM gained a lot. I sold SYNC, reduced HOM to 1x from 2x and upped HQSM from 0.5x to 1x. I would like to reduce SVA, SNUS and BRVO from 2x to 1x.

As I said I will be reducing my exposure not withstanding where the market is going. Over times I have been comfortable with clearing my housing and start building all over again. Now thats short term trader itching in me. I have always been one but now holding lot longer and better thanks to  3SF [thank you David & Ramsburg and the community].

Goodluck all

7 Sept, 2005

Another good day. As planned I trimmed BRVO to 1x. I am happy to see VPHM back in action. It is one of those stocks that you regret every time you sell. So now as a rule whenever I want to sell I first buy at dip and then sell only that part. Holding my core position at all times.

At the moment I am 28% in cash. I have some portfolio goals and if they are achieved then I may do some drastic selling. Though I would like to hold VPHM, BRVO, SVA and HOM for as long they are on the 3SF portfolio [after all I am piggy-backing david as much as possible]. That leaves my other four SFP, SNUS, SMTX, HQSM ready for selling on any spike. I am not comfortable holding SFP but will wait and see. Goodluck all.

Keep up this diary stocky !

applaud !