Comments on Fund My Mutual Fund: Bookkeeping: Some Assorted Buys

yup my order hit at 270 for MA as well. was down ...

2008-06-26T15:51:00.000-04:00

yup my order hit at 270 for MA as well. was down as much as 7.5% today. have other orders at 260 and 240.

Yes quite the pullback. Problem is Brazil is ever...

2008-06-26T15:23:00.000-04:00

Yes quite the pullback. Problem is Brazil is everyones golden child right now so the market could still be hit there and take GFA with it. Going to be a bit more greedy and see if I can get something closer to $30 - I also already have a substantial position (nearing 2%) unlike other names that I cut back more severely.

GFA chart is worrisome breaking the 200 day.. I'd like to see it bounce back over $35.50 and/or fall harder into the $30-$33 range. Sort of no man's land here in $34s. Waiting for direction...

what about GFA, that's had a pretty good pull back...

2008-06-26T15:05:00.000-04:00

what about GFA, that's had a pretty good pull back...

No, I bought a tiny patch here around $270, 0.7% t...

2008-06-26T14:17:00.000-04:00

No, I bought a tiny patch here around $270, 0.7% to 1.0% of fund. Will be making a larger buy when/if $240s come. I scale in and out and don't try to hit exact bottoms or top because I almost never hit them. $240 might not be a bottom - for all we know it could be $150! :)

updated means = kept a limit order at 240s?

2008-06-26T14:15:00.000-04:00

updated means = kept a limit order at 240s?

great timing - you are ready to work on my virtual...

2008-06-26T12:59:00.000-04:00

great timing - you are ready to work on my virtual staff :)
I just updated a small purchase there. Looking for $240s gap myself for a real purchase.

Good eyes.

looks like "ma" broke descending triangle pattern....

2008-06-26T12:51:00.000-04:00

looks like "ma" broke descending triangle pattern. hope it fills that huge gap in 240s

Gamer, I have 2 names in mind but they are specula...

2008-06-26T12:47:00.000-04:00

Gamer, I have 2 names in mind but they are speculative

1 I have been tracking for 6 weeks and its up from 23 to 42 and now pulling back a little.

Let me say I am not easily peeved but I am very peeved I did not jump on that one.

The other is more speculative, similar to AMSC but even more "chancy".

I don't want to mention them because they are small caps..

But I can make a nice 3 position "speculative alternative energy" basket if the other 2 retreat as I hope. Then if 1 implodes it's ok ;) The one that has run the most is the one I am most confidant in... but I was greedy waiting for a pullback.

gamer,I think I missed that train until it comes s...

2008-06-26T12:33:00.000-04:00

gamer,

I think I missed that train until it comes substantially lower. I know no one cares about valuation in that stock but anything more expensive than FSLR on 09 earnings is not my cup of tea. if it gets back to $50s? Then yes. $80s? Not so much. We always have to think of future appreciation. Sure ENER can go to $100... but on hope and hype. Not on valuation.

Jeff, actually been the same group - nat gas, energy, ag, coal. Pretty much all month. Some are reversing now but they've been showing topping pattern since Friday. Yesterday afternoon they got reprieve but toppings are a multi-day event, and only when "buy the dip" bulls are pummeled in those stock do they give up the ghost. Sadly )almost) nothing else is working in this market this month, so people keep running to these same groups. Its been a bear market for anyone else.

Pankaj,
We'd like to see >30 VIX which occured in Jan and March and Aug 07. Still in 23 range.

If 1270 breaks on S&P, you will see panic.

A big spiek in VIX is still not seen and that mean...

2008-06-26T12:30:00.000-04:00

A big spiek in VIX is still not seen and that means that we are still away from the bottom! Tommorow the market will open high, and thats a great oppy to go short for a quick trade!

Agree? ;)..

Correct me if I'm wrong, as you watch alot more st...

2008-06-26T12:25:00.000-04:00

Correct me if I'm wrong, as you watch alot more stocks and sectors than I do, but is the narrow bunch of winners getting more and more narrow each week?

I'm noticed that the Ags and coal were still up earlier (down a little now) but DUG and SMN are finally not sore spots in my portfolio anymore.

If this doesnt reverse, then we could get that waterfell selloff next week. Are there any catalysts that might be an 'excuse' to do exactly that?

When you said altenative energy, were you consider...

2008-06-26T12:20:00.000-04:00

When you said altenative energy, were you considering ENER?