Thursday, November 11, 2010

End of Year Strategies...


    
     This is the time of year when We can start taking a breather on trading.  Our current Strategy is to go into a Holding Pattern until January of 2011.
     After Our recent Positioning in HTS (Heavy, Heavy) it's time for us to settle in.  Sure there's going to be the Infrequent Trade, but the Major Plays (excluding HTS) of going Back IN Long to MGM, LVS, MRO, PIKE, WFC and XOMA (mostly using Dollar-Cost Averaging) have been made.  today was a good day to achieve this. 
     And I've coined a new phrase: "Redown"- buying shares on the downswing in cos one has Long Position on.  We've always used this Strategy, but it took kudos from a broker I respect for me to realize what a Very Good Strategy this is.  

We'll be using Divs Only to achieve trades for Nov-Dec.
We've Lost so much money on XOMA, that our DCA has been "improved" by 64%...
(The strategy on XOMA is Pure Spec; not intended for the timid.
And We are IN Heavy.)

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