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Bill's 8 for Dec 2011


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Bill's 8 for Dec 2011

  #11 (permalink)
 
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 aquarian1 
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Doesn't look too bad if it can break out above $42.

1.5 yrs of consolidation


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  #12 (permalink)
 
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Comments

10yrs: downtrend (2006 to end of 2008) and then up and topped out in 2010. Big resistance at $23.
5 yrs: two lower tops and then a steep downtrend through most of this yr . Now forming wedge
1 yr: 6 months of sideways consolidation $16 to $11.50
3 month chart - lower tops in each of the months. flatish uptrend forming the bottom of a wedge.

Conclusion

Another uninspiring chart. This could break either way from the wedge but downward slope of the tops in much steeper than the bottom line. If it can hold at $13.25 (Thursday's low it might be the second purchase but once again I would balance it with SDS.


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  #13 (permalink)
 
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 aquarian1 
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So far this has been a discouraging exercise and it has taken SO much time.

Edit:
I have decided to buy the rest of the 8 and SDS at open on Monday.
So I'll divide up the cash balance in the account into the other 7 and SDS

$81,918 cash balance
$49,051 other 7 - so about $7,000 each
$32,867 more SDS

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  #14 (permalink)
 
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Marvell Technology Group Ltd.

(NasdaqGS: MRVL )


Last Trade:13.52
52wk Range:11.23 - 22.01
Volume:8,139,371
Avg Vol (3m):13,498,300
Market Cap:7.89B
P/E (ttm):11.43
EPS (ttm):1.18
Div & Yield:N/A (N/A)

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Kimberly-Clark Corporation Comm

(NYSE: KMB )

After Hours: 71.28 0.00 (0.00%) 6:12PM EST

Last Trade:71.28
Trade Time:4:05PM EST
Change: 0.03 (0.04%)
Prev Close:71.25
Open:71.53
Bid:69.63 x 200
Ask:72.00 x 1100
1y Target Est:74.00
Day's Range:70.90 - 71.62
52wk Range:61.00 - 73.23
Volume:3,528,270
Avg Vol (3m):2,832,570
Market Cap:28.09B
P/E (ttm):17.03
EPS (ttm):4.19
Div & Yield:2.80 (3.90%)

People viewing KMB also viewed: [B][COLOR=#0066cc]PG[/COLOR][/B] [B][COLOR=#0066cc]JNJ[/COLOR][/B] [B][COLOR=#0066cc]KFT[/COLOR][/B] [B][COLOR=#0066cc]PEP[/COLOR][/B] [B][COLOR=#0066cc]ABT[/COLOR][/B] [B][COLOR=#0066cc]KO[/COLOR][/B]
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  #16 (permalink)
 
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UBS AG Common Stock

(NYSE: UBS )
After Hours: 11.52 0.07 (0.61%) 6:22PM EST
Last Trade: 11.45
Trade Time: Dec 16
Change: 0.18 (1.55%)
Prev Close: 11.63
Open: 11.61
Bid: 11.37 x 600
Ask: 12.20 x 2000
1y Target Est: 16.43
Day's Range: 11.40 - 11.68
52wk Range: 10.41 - 20.08
Volume: 2,881,059
Avg Vol (3m): 5,637,020
Market Cap: 42.83B
P/E (ttm): 7.53
EPS (ttm): 1.52
Div & Yield: N/A (N/A)


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  #17 (permalink)
 
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Have a nice weekend!

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  #18 (permalink)
 
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So I have the trades at opening prices.
I am using $9.99 of commission per trade (flat amount).

We bought 1550 more SDS (the ultrashort downside protection) and now hold 1800.

Here are the prices and holding for today (Trade = last trade so this is pretty much the closing prices - except for after market price changes).

Norvatis seemed to go up today bucking the trend (its the only one with 5 planets in Taurus - so the highest number )




Here is the profit and loss amounts -where we stand so far:


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  #19 (permalink)
 
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 aquarian1 
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I guess the loss is my doing since SDS the ultrashort has negated the gain that would have been shown otherwise.

I am putting my bearish bias on this exercise however my leaning as a trader is to buy and sell so intend to sell some SDS on a downspike of several days when it looks overdone. On upward surges that look overdone I will see if any of the holdings should be lightened.

(I am applying a $9.99 flat commission on all trades.)

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  #20 (permalink)
 
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 aquarian1 
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NDZ is down and I have bought 200 more shares at $8.06.
The previous 900 were bought at $8.42.

SDS the proshares ultashort is still the drag on the portfolio if we get a 3 or 4 down days,
to next Friday I'll sell some SDS
(I figure I have about $9,926 to match out moves - by that I mean I bought too much for the Beta of these 8 stocks as of yesterday so I'll sell more than that. )


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