Feb

5

Dancing to the music with a few portfolio moves

February 5, 2008 | Leave a Comment

I made a few smaller trades today to adjust the mix of the portfolio, and I will go down the list and detail my thought process.

Sells

MCD–I sold MCD at $53.82. Basically, I view this one as potentially $3 down if the market continues to weaken, and probably only $3 upside if we find a bottom. I don’t like even odds, so I’d rather raise some funds and sell.

VGZ–I sold half my shares at $4.59. I doubled the […]

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Jan

28

New positions in MCD, TKC

January 28, 2008 | Leave a Comment

This morning I added two small new positions in MCD and TKC. As readers might have noticed, I’m using the market turmoil to establish positions in a number of quality names with bigger market capitalizations. My buys of PKX, SGR, and now MCD definitely fit into that category, and while everyone else is fretting about recession, I’m attempting to plan for the post-recession. We’ve already made plenty of money on put positions on the S&P, and frankly, […]

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