Comments on Fund My Mutual Fund: Bookkeeping: Cutting Back Apple (AAPL) and Researc...

JeganI did not say Heebner had financials. I simp...

2008-08-17T17:09:00.000-04:00

Jegan

I did not say Heebner had financials. I simply said he clearly has moved out a lot of commodities in the past few weeks. There was a day last week when commodities jumped and if his holdings were anywhere near the same he would be up 4-5% that day; instead he was flattish so he has made a change. I did not say into financials - I don't know what into. I believe whatever is posted for his 6/30 holding he has already flipped out of since his portfolio diverged about 2-3 weeks ago.

FXI is really Chinese stocks (large caps) on US exchanges - different from shorting the local Shanghai index which has been in utter freefall for 3 quarters now.

Mark,I think Heebner has some Ford now, and coal s...

2008-08-16T23:49:00.000-04:00

Mark,

I think Heebner has some Ford now, and coal stocks too..

I saw a news article on yahoo saying so.

Interesting, the writer made it seem shocking he had some F.

Thanks for the reply... But you're probably right....

2008-08-16T20:47:00.000-04:00

Thanks for the reply... But you're probably right... I'm trying to set up **something - anything** that will run for awhile... So I settled **logically** on RIMM, AAPL, MTL and OGZPY ...We'll see...

On another note, you were watching Heebner's moves... (I also own $20K of CGMFX and am willing to let him have his head.. ) ... I did find that he will be reporting his holdings next week... But as you and I know, he'll probably be out of most of them by the time it hits print.. And it probably won't include his average 5% short position either. Apparently anyone that calls CGM gets no info. Period. Fair enough...
I did check your thinking about him moving to financials.. But if you compare EEM (MSCI ETF) against CGMFX the last month, I think you'll find a very high correlation. My first thought of course was that with the FXI down so much and who knows what will happen after or as a result of the Olympics, that he might have taken a large position in China.. But FXi doesn't seem to correlate at all..

Thx again - jegan ;-)

I have been excelling at being wrong of late so do...

2008-08-15T18:15:00.000-04:00

I have been excelling at being wrong of late so dont be too worried.

I probably am just being a nervous nelly type who sees a ghost arond every corner of late .

I sincerely hope you are wrong. I had been hoping ...

2008-08-15T17:57:00.000-04:00

I sincerely hope you are wrong. I had been hoping to actually sit on a couple of stocks for awhile... I use stochastics and see much more upside than you do.... I too own larger positions in both and have about the same profit margin... Kinda looks like they should both go up about 20% on the weekly stoch. Kinda figured the recent choppiness on both was a result of options expiration ....

jegan ;-)