March 31, 2011

The scoreboard after yesterday reads:

Jody's Roth IRA 9.51%
Ryan's Roth IRA -11.79%
10% Fund -6.59%
S&P 5.62%

March 30, 2011

I sold LULU for a 9% gain a couple days ago, but it was pretty much cancelled out by my failed short position. I then bought Juniper yesterday for $40.76.

The scoreboard after yesterday reads:

Jody's Roth IRA 9.51%
Ryan's Roth IRA -12.57%
10% Fund -6.59%
S&P 4.18%

March 24, 2011

I sold my short postitions at a loss. I'm sure tomorrow the market will tank since I sold. We'll see.

The scoreboard after yesterday reads:

Jody's Roth IRA 11.12%
Ryan's Roth IRA -13.18%
10% Fund -4.94%
S&P 3.17%

March 23, 2011

I'm full out shorting the market now. I'm up almost 2% on Monday's SDS purchase. Today I bought more of the SDS in Jody's Roth IRA for $22.27. I bought the VXX in my Roth IRA for $33.06. It's short futures and is extremely volatile. I bought the QID for $55.84 in my 10% fund. It's short the Nasdaq

The scoreboard after yesterday reads:

Jody's Roth IRA 13.28%
Ryan's Roth IRA -12.42%
10% Fund -2.10%
S&P 2.87%

March 21, 2011

I bought the SDS today in my Roth IRA at $21.88. I'm expecting the market to go down tomorrow or the next day. If it doesn't, and the SPY rockets through its 20 and 50 day SMA's, I'll think about being long again.

The scoreboard after yesterday reads:

Jody's Roth IRA 13.31%
Ryan's Roth IRA -12.42%
10% Fund -2.10%
S&P 1.71%

March 17, 2011

I sold Ford for a 2% gain yesterday. Any stock I buy is going to be very short term. The market is up right now today, but as it gets closer to its 50 day SMA, I'm assuming it's going to go down again. I expect this to be the trend for the near future.

I bought LULU again in my Roth IRA today. It beat expectations and was down nearly 5%. I sold it yesterday at $79.20 and bought it today at $76.12.

The scoreboard after yesterday reads:

Jody's Roth IRA 13.28%
Ryan's Roth IRA -12.31%
10% Fund -2.10%
S&P -.06%

March 16, 2011

In my Roth IRA I bought Ford $F at $14.00 today.

I sold the SDS ETF in Jody's account today for a 5% gain after one week. Since these ETF's are short the market at double the rate,I'll probably be very short term with these trades.

I also sold LULU in my 10% fund for a 2.5% gain. They announce earnings tomorrow and I'm tired of getting burnt by earnings. As soon as I say that, LULU will probably jump 20% tomorrow. We'll see.

The scoreboard after yesterday reads:

Jody's Roth IRA 10.41%
Ryan's Roth IRA -12.50%
10% Fund -2.02%
S&P 1.93%

March 15, 2011

Well, I haven't posted in a while because I've been busy at work and that's when I usually post. I stepped on a couple of land mines with HBAN and CMI. I held them at a loss while they appeared to have support. Once they dropped below that support, I got out at a pretty big loss. I also sold Apple at a small loss and Verizon at a small gain. I sold because there's a lot of fear creeping into the market. Gas is getting close to $4 a gallon. Libya is a ticking time bomb. And now with what happened to Japan, I think it's time to be a Bear over the next month or two.

My long term options are getting killed as well, but I'm keeping them because they expire in January.

I have LULU in my 10% fund bought at $77.20.

In Jody's account it seems I can do no wrong. I sold HD on March 7 at break even. I then bought SDS at $21.98 on March 10 in anticipation of the market tanking. It's up 4% today.

The scoreboard after yesterday reads:

Jody's Roth IRA 8.04%
Ryan's Roth IRA -12.58%
10% Fund -3.09%
S&P 3.08%