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16 years ago @ TDI Managed Growth Str... - How Can We Better This... · 1 reply · 0 points

as i said, Interactive Brokers makes it very tedious. If you gave one page to the reason, the entry, the exit, and the review of each trade, it would be much easier to understand what you are doing. As it is, one has to keep track of what you are trading and the buy explanation and sell explanation are several days apart. It's almost as if you don't want us to see the result of you trades!

16 years ago @ TDI Managed Growth Str... - BUY: MercadoLibre (MELI) · 0 replies · +1 points

I just hope you sell it before earnings - there is lots of resistance in the low 30's and the market is very extended. hopefully you can get a few percentage points out of it.

16 years ago @ TDI Managed Growth Str... - How Can We Better This... · 3 replies · +1 points

please list the positions, trades, and performance. Interactive Brokers makes it tedious to summarize those results.

also, i noticed (perhaps incorrectly) that I have 45k of long positions and 3k of short positions. are you bullish now that the nasdaq has rallied 55% off it's lows? It would be great if you explained your reason for being so bullish - in April you called this a bear rally and kept on going long on the ultrashorts. That's the kind of stuff that we like to read about - why you are bullish;/bearish - and then a followup on how those trades worked out. As William O'Neil says, it's important to review your mistakes.

You could have a 'spreadsheet' page where you list the stock, percentage of position, entry date/price, exit date/price, gain/loss, and then a link to a page where you explain why you bought the position and why you sold it. This list would obviously be sorted with the most recent trades at the beginning. I'd also have the list separated by month - where the current month includes all open positions and positions closed for that month.

17 years ago @ The Disciplined Investor - Economic Indicators - ... · 1 reply · +1 points

i agree on "who cares". it's common knowledge that economic indicators lag technical indicators - both in an up market and a down market. if you are looking for economic indicators to tell you when the economy has turned around, your are looking in the wrong place!

17 years ago @ TDI Managed Growth Str... - Video: Can you tell wh... · 0 replies · +1 points

he sounds like he's predicting more pain in the economy, but of course the question is when? is this rally a joke on everyone?

17 years ago @ The Disciplined Investor - TDI Podcast 109: Denni... · 1 reply · +1 points

I haven't listened to the podcast (just put it now on MP3 player), but was just emailing friends this morning about the bullish patterns emerging in various commodity etfs, not to mention the stocks. glad to see you aren't fighting the tape on this one:)

17 years ago @ The Disciplined Investor - Sunday Fun: The Most A... · 0 replies · +1 points

Pretty amazing site - great for getting the raw data, it seems. Thanks!

17 years ago @ TDI Managed Growth Str... - Marketwatch - Bearish ... · 0 replies · +1 points

now that I think about it... It's probably the hedge funds that have the media printing the articles so that they can keep prices down while they load up on shares. My guess is that my prediction that the market correct when the nasdaq reaches the 200-day MA is wrong - maybe it's the SP500.

17 years ago @ TDI Managed Growth Str... - Marketwatch - Bearish ... · 0 replies · +1 points

Now it makes sense why the market keeps on going up - climbing that wall of worry... I'm still overseas and don't read the news.

17 years ago @ TDI Managed Growth Str... - Short Retailers: Jose... · 0 replies · +1 points

Andrew,

you certainly like standing on front of a bull-market train:) The recent run up on this stock suggests that it's due for a correction. it's broken the trendline of the 60-min chart. You did a great job on getting into this short at the resistance point. I'm not sure how important the fundamental reasons are for shorting this stock unless you plan on keeping the short for quite a while. It seems like a good short because: stock is near resistance. Nasdaq hit 200-day MA, stock is very overbought, and (as mentioned above), it's broken it's 60-min. trendline. I'd say - get out at 38 - although there is a very good chance it will go to 35.4

just my opinion,

michael