David Webb has come out with his Christmas pick for 2003:
Allan International Holdings (0684.HK). He holds over 5% of
Posted at 9:21 PM, GMT
Well, it was a good thing I exited ALTI where I did... stick a fork in that one. The NGEN turned out to be fairly
unsatisfactory, reward to risk not great despite making money on the position... was expecting it to close 6.25ish.
Posted at 9:04 PM, GMT
"We are currently experiencing some server issues...." Does that mean I get my money back? ;-)
Posted at 8:55 PM, GMT
Hmm, come back to find my quotes out... gonna have to close this out semi-blind... offer 5.79.
Posted at 8:50 PM, GMT
Stop to breakeven (5.29) on NGEN before I leave for the afternoon. I'm not going to try to lock in any gains by trailing
the stop; I'll just come back at the close and exit it, assuming I'm not stopped out before then. Have a good afternoon, guys.
Posted at 4:49 PM, GMT
I'm gonna scratch ALTI here because this dog won't bark and I'm in a plenty sweet spot with NGEN... selling 2.56.
Posted at 4:42 PM, GMT
Ruff Ruff! Broad market tone still solidly poz.
Posted at 4:32 PM, GMT
Let's hear it for all those kind people who are attempting to fade these crazy puppies and getting themselves stuck!
Posted at 4:24 PM, GMT
A picture of NGEN 15 min for those who don't have real-time.
Posted at 4:01 PM, GMT
Skittish could move stop to breakeven in NGEN... I'm gonna stay back at 5.06... similarly, skittish could go 2.49 in ALTI but I'll stay at 2.40.
Posted at 3:58 PM, GMT
Market tone continues to be positive as these little dogs start barking....
Posted at 3:56 PM, GMT
Moving NGEN stop to 5.06... dog is cooking and I gotta get that risk down.
Posted at 3:53 PM, GMT
NGEN is a good doggy but the stop is mighty wide... look to move that up fairly fast I hope.
Posted at 3:49 PM, GMT
P-stop 2.40 ALTI.
Posted at 3:32 PM, GMT
ADCT not slowing down... ALTI interesting, some other stuff on the long side that's setting up.
Posted at 3:24 PM, GMT
Sentiment is positive here, tone feels strong at the moment.
Posted at 2:55 PM, GMT
Keeping an eye on these guys among others: ADCT ALTI CRDS FMDAY NGEN XING
Posted at 2:33 PM, GMT
Here's a sensible article at Vanguard called Rebalance to keep on track.
It's good, solid advice.
"Rebalancing -- periodically shifting money to keep your desired asset mix -- isn't easy. It forces you to reallocate assets from
funds that have performed well to funds that haven't (or to direct purchases to an underperforming asset class). It's human nature
to want to ride your 'winners' as long as you can, but you could be inadvertently increasing the risk of your portfolio."
Posted at 1:55 PM, GMT
I visited the Alessi store (22 Brook Street) yesterday and was pleased to see that there's now an electric version
of the classic 9090 espresso maker. They haven't made electric versions of the Pelicano, La Conica, or La Cupola yet -- such
beautifully designed things there.
Posted at 10:53 AM, GMT
The Chairman happily takes a small loss in today's Trading for Dummies lesson.
Posted at 10:07 AM, GMT
Alan Newman writes that "technical analysis must evolve" and "sentiment has been corrupted," but I couldn't really
figure out why. His argument just seems a little muddled to me... if the markets are more speculative than ever, doesn't that mean
that the charts are easier to read and investor sentiment is easier to gauge?
Posted at 8:35 AM, GMT
A line in this article in the NYTimes, Markets Shaped by Consumers, made me smile:
"If you are a teenager in Europe, you can't have a social life without cellphone text messaging."
On a related note (sort of), our shower mixer has been on the fritz. When the plumber came yesterday to fix it something really interesting happened.
He took a picture of the shower taps with his cellphone and sent it to HQ where they identified the model for him. Cool, eh? Maybe one day
they will figure out how to zap the necessary replacement parts to him. ;-)
Posted at 8:22 AM, GMT
"Inflation is a lot like Elvis. Lots of reported sightings, none confirmed." -- David Rosenberg, Merrill Lynch's chief North American economist.
Posted at 7:43 AM, GMT
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