Recent content by thelerner

  1. thelerner

    Surfin the Market by Michael

    'Jeez' 7 years 1 month since I last posted. Think its time to put my thoughts down and lead a more examined financial life. Cause the last couple years, investing has been a little too easy. I get the feeling its about to separate the men from the boys. That bull, bear, pig or swan.. the...
  2. thelerner

    If you went back in time 15yrs How would your Trading strategy Change?

    If I could go back in time instead of a single portfolio with the idea to 'make money', I'd have several portfolio. One on solid long term gains, another on shorter plays, a third to capture and grow dividend yield. These days I particularly envy some of the old timers who bought boring...
  3. thelerner

    Surfin the Market by Michael

    Jeez, 2 years + since I last posted. That OKS has been very good to me. The high dividend has gone from 6.5 to 4%, a good thing! The stock has almost doubled in the 2 years from 31 to 57. Its something I can hold and reinvest the dividends and in 2 more years I'll have somethings that's...
  4. thelerner

    If you went back in time 15yrs How would your Trading strategy Change?

    If you can go back in time 15 years, how would you trade differently? I'll add that while you've grown in knowledge, you don't have the fore knowledge of what individual stocks will rise, that'd make it too easy. So Bam, back to the past, its 1997, you've got money sitting in the bank and 15...
  5. thelerner

    TA on indexes

    I agree with Tina's 'Rising Tide' statement. Maybe even better is herd behavior. A stock, sector or whole market becomes hot and people chase it regardless of fundamentals. Because so much market activity is Mutual Fund/ETF based things rise in unison as money pours in and/or out. Michael
  6. thelerner

    Surfin the Market by Michael

    Wednesday, the market was remarkably flat. from up 10 (most of the day) or so points to down 10. Its ended down 13, Dow @ 11009.80. Losing .13%, I'm flat, at 3:06 it says I'm up $50, a the close it was down $69. So I'll call it 0. No thanks to my 4 bears. Qid down 5 cents. EBZ down .35...
  7. thelerner

    Surfin the Market by Michael

    10:26 and the Dow is down 1.53% dropping 170 points. Normally I'd be son of a bitch and other such sentiments, but my 'system' had gotten me mostly out of the market. Its also had me join up with a few Bear ETF's. I've had some QID's the -2XQQQ's for a week. Today as the market dropped...
  8. thelerner

    Surfin the Market by Michael

    Choppy markets are bad for trend followers such as myself. The Dow moved under its 21 day moving average on Friday. I've moved bearish too, giving up and loosening many positions. At the moment I'm 38 percent invested. Today the Dow moves up, at the moment 70pts, .63%. The Dow is a...
  9. thelerner

    So where do you make YOUR money?

    Good, I wasn't sure. IMHO we need others input to keep us on track. I have years of experience, but .. at this stage, what I'm concentrating on is subtracting .. simplifying.. KISS (Keeping It Simple Stup..) IMO there are times when the market is not a random walk(ie. coin flip), there is...
  10. thelerner

    Surfin the Market by Michael

    A good day. The Dow down .32% & I'm up .06%. Nice. Thank Mr. Ford. For my Best of Financial Blog #18 I copied down some of John Maudlin article "The Not So Simple Rules" of Trading (http://www.trade2win.com/section/articles/1060-not-so-simple-rules-trading). Here is an edited version, it...
  11. thelerner

    So where do you make YOUR money?

    Sometimes we exaggerate to show a point. But is there agreement on this?: Novices think its about picking the right stock/option/commodity. Experts know its about money management and exit strategy. Also I gotta ask, DT when you wrote "This" Quote: Originally Posted by thelerner View Post...
  12. thelerner

    Surfin the Market by Michael

    Not much to report. Friday was a great day. In the past I've been a follower of Phil Davis of Phil's Stock World. I have a lesser membership. He has a thorough and holistic knowledge of economics, and his option strategies are nicely conservative. Still like so many newsletters he ends up...
  13. thelerner

    Surfin the Market by Michael

    I feel good, nanana nanana. I know that I should now... Another sunny day in the market, my position in Ford making it feel a little balmier. Up a nice 5.4%, letting my portfolio gain .78% vs the marktets .24% More importantly I'm experimenting with using some covered calls, actually they're...
  14. thelerner

    Surfin the Market by Michael

    Here is some regurgitation, the first few paragraphs are not mine. Usually I like to give credit where do, but in this case I unfortunately don't have it: -Benefits of using simple 21 day moving day average to time the markets. If you made your stock market buys in the beginning of 1995 and...
  15. thelerner

    Surfin the Market by Michael

    :lol: It is my official job, though I've taken to heart the advice that good trading is boring. There are so many whip saw movements in the markets, its easy to be caught up in position changes. A good day is a day I do nothing. I find in this market its been better to be wrong doing...
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