with Oli | Strategies


Archive for Januar 9th, 2008

Falling Knives …

Mittwoch, Januar 9th, 2008

Every Trader and every Investor KNOWS it … NEVER touch a falling knive … BUT: Even the RICH do it … Examples? Bank of America bought a stake in Countrywide Financial … thinking, it was cheap … RESULT … the stock is (SINCE THEN!!!) OFF AROUND 75% … Warburg bought a stake in MBIA, the [...]

Day 23 … result

Mittwoch, Januar 9th, 2008

On some days you need not only patience, but as well a little bit of luck … apart from the discipline, which is always needed Today, I had 2 tight stops, just 1 and 1,5 points too tight … so I called it a day … So … Trading days – 23 … Points made [...]

Day 23

Mittwoch, Januar 9th, 2008

Situation: U.S. Markets: Sold off … again … NQ down 8th day in a row … AT&T sold off around 10% on statements that it sees slowing consumer spending before closing down “only” 5%. Countrywide Financial down 28% as bankruptcy rumors fly. Today morning we see a tiny bounce on Clinton and McCain wins in [...]