the difficult thing for guys like cramer and the fast money dudes (and gal) is that they need fresh content every day.
they can't talk about the same stocks all day, every day. . .
those that know me from my Merrill days know that i've been pitching these two darlings for 3 years.
i also pitched DNA (-25%) Red Hat (-40%) and ADM (-35%), so yeah, i'm a regular nostradamus. . .
any who, sold my Nov AAPL and Nov GOOG calls today. a small gain on apple and a monster GOOGinator. still hold a ton of AAPL -just further out. oh yeah, small pos. long MER puts.
why sell? because i was nervous. why was i nervous?
well, that's psychology/ behavioralism. call it loss aversion or fear of death or whatever, just please don't make up some rational reason after the fact.
keep it real, please.
thank you.
fed day tomorrow. got some cash, where can i get some of that alibaba?? and no, no yoohoo for me. i'm a google.
much love,
yt
Tuesday, October 30, 2007
Wednesday, October 24, 2007
Nirvana School
going to be volunteering for a few months in India -leave in a few weeks.
it's a school in Pondicherry: http://www.nirvanaschool.org/index.htm i'm very excited.
slipped into more AAPL calls (Nov 190s) and AMZN Jan 95s today on the dip.
IRA up 43%. cash acct. up 90%. feel this blog will become the India blog soon. . .
fires seem to be calming -thank god.
Sox up 5 in game 1
om ritam namah,
b
it's a school in Pondicherry: http://www.nirvanaschool.org/index.htm i'm very excited.
slipped into more AAPL calls (Nov 190s) and AMZN Jan 95s today on the dip.
IRA up 43%. cash acct. up 90%. feel this blog will become the India blog soon. . .
fires seem to be calming -thank god.
Sox up 5 in game 1
om ritam namah,
b
Tuesday, October 23, 2007
SoCal fires
people are losing their homes -profoundly sad.
nothing to comment on now, except for that.
blessings,
yt
nothing to comment on now, except for that.
blessings,
yt
Friday, October 19, 2007
off the grid
in the spirit of yesterday's post, i'm going off the grid until monday -like that great movie "Into The Wild" w/ Emile Hirsch (except in Venice Beach and w/ nonstop yoga).
market getting walloped. GOOG and AAPL up = safety stocks.
shanti,
yt
market getting walloped. GOOG and AAPL up = safety stocks.
shanti,
yt
Thursday, October 18, 2007
the GOOGinator
couldn't control myself, bought the GOOG Nov 710s w/ a limit order, clipped it a good price (although i'm too lazy to look it up right now -the stock was around $629-630 at the time).
after hours/ after earnings the late night trade was around $643, so it looks okay for now. . . mostly the trade was a whole lotta nothing, although we won't know for a few days.
the great part is i had yoga teacher training this afternoon, and the contrast to trading was almost too much for me to handle. by the time the GOOG earnings call started i was ready to rip someone's head off, and an hour later i'm Om-ing and practicing pranayama.
being in the training sangha (the amazing LA yoga community) made me realize what a colossal waste of time and energy my day had been. putting on a trade takes a few seconds. it did not require me to stare at blinking screens all day and pace around in my Google hat cheerleading. i can only describe the energy as frantic, manic, desperate, pathetic.
and for what. . .??
f-ck.
-yt
after hours/ after earnings the late night trade was around $643, so it looks okay for now. . . mostly the trade was a whole lotta nothing, although we won't know for a few days.
the great part is i had yoga teacher training this afternoon, and the contrast to trading was almost too much for me to handle. by the time the GOOG earnings call started i was ready to rip someone's head off, and an hour later i'm Om-ing and practicing pranayama.
being in the training sangha (the amazing LA yoga community) made me realize what a colossal waste of time and energy my day had been. putting on a trade takes a few seconds. it did not require me to stare at blinking screens all day and pace around in my Google hat cheerleading. i can only describe the energy as frantic, manic, desperate, pathetic.
and for what. . .??
f-ck.
-yt
Wednesday, October 17, 2007
LULU again and again
sold the LULU calls today.
when the f--ker hit $53 i was like if i sell them and it runs to $58 tomorrow will i feel like a bigger d-----bag than if it pulls back to $47 and i didn't take profits. . .??
after like half a second, realizing i bought the calls two days ago and they were up over 150%, i realized not taking it off would have landed me in the d-bag hall of fame -cooperstown for d-bags.
so now that account is up about 12% in a month and like 50% since i feng shui-ed the tradestation 10 days ago.
and yes, that means all i hold are AAPL calls, AAPL stock and LULU stock, and 40% cash waiting on something compelling.
less is more.
w/ that, om ritam namah,
yt
when the f--ker hit $53 i was like if i sell them and it runs to $58 tomorrow will i feel like a bigger d-----bag than if it pulls back to $47 and i didn't take profits. . .??
after like half a second, realizing i bought the calls two days ago and they were up over 150%, i realized not taking it off would have landed me in the d-bag hall of fame -cooperstown for d-bags.
so now that account is up about 12% in a month and like 50% since i feng shui-ed the tradestation 10 days ago.
and yes, that means all i hold are AAPL calls, AAPL stock and LULU stock, and 40% cash waiting on something compelling.
less is more.
w/ that, om ritam namah,
yt
Tuesday, October 16, 2007
deck clearing
yeah, took everything off but AAPL and LULU -bought more LULU calls yesterday which are ripping.
stick w/ what got you here. Buffet says there aren't that many good ideas. amen.
out RIMM, RIO calls w/ losses, out BIDU shares flat.
still like the above, but no juice in this market, and i needed the cash to set up some sort of GOOG strangle tomorrow pre-earnings.
so sticking w/ the juice -AAPL, LULU and if i'm not LOVING it, i'm out.
tape sucks, get thru Oct., and Nov-Dec should be good.
Up marginally in the acct which is great considering market is down a few hundy.
om ritam, sold my car, going to India!!
much love,
yt
stick w/ what got you here. Buffet says there aren't that many good ideas. amen.
out RIMM, RIO calls w/ losses, out BIDU shares flat.
still like the above, but no juice in this market, and i needed the cash to set up some sort of GOOG strangle tomorrow pre-earnings.
so sticking w/ the juice -AAPL, LULU and if i'm not LOVING it, i'm out.
tape sucks, get thru Oct., and Nov-Dec should be good.
Up marginally in the acct which is great considering market is down a few hundy.
om ritam, sold my car, going to India!!
much love,
yt
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