Year 2007 was as good as I could have realistically hoped for.
Assuming a $10,000 beginning value, the 2007 ended with $22,789. A solid +127.8% annualized returns (or 7.1% monthly) ! This includes light trading months of Nov’07 and Dec’07. I also injected capital to my trading account two times during the year thus results [...]
I mentioned historical close for gold and now Gold is in new territory assuming it can close above $850 at the end of today. There is pretty impressive gains in Gold Feb futures as those are trading over +$20/ounce, now above $860 (as of this post’s writing). I played gold’s move via GDX and as [...]
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I earlier mentioned to take advantage of high leverage that is available on expiration Friday, especially for the earning’s strategy. These were the only two companies I played this time around and luckily both exploded. You may ask why lucky, because I think no one can forecast outcome of earning announcement [...]
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Before Goldman’s conference call I posted that there could be a potential opportunity in GS when post-call move happens. I did listen to the webcast that was aired at 11am US EST. I was not really interested in how much did they make but what do they think of the future [...]
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I wrote earlier on OPN forum section that I shall be closing on Monday or Tuesday. But markets didn’t give me a chance (as if it does to others) to close those. All the 3 mini-portfolio’s that were open as of Friday closing were beaten very badly. From a +39% return [...]
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