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March 22, 2007


Step on Dee Gas

Tone was slightly positive all morning but then it just exploded post-Fed announcement. Folks positioned on the wrong side got crushed. The intraday chart of 15 Ideas portfolio member Washington Mutual (WM) is pretty representative of the action.

A word about the 15 Ideas donation campaign: I figure about 1% of my regular readers chipped in and were on average extremely generous: I thank you all. I’ll be sending donors a screenshot of the portfolio P&L from time to time (similar to the one below) to let you know how much we’re underperforming the S&P ;-).

WM

15 ideas in order

8 Responses to “Step on Dee Gas”

  1. Amir said:

    CM,

    What is the suggested donation to get your 15 ideas list?

  2. C. Maoxian said:

    Amir: No suggestion. Rich people tend to give a lot though. ;-)

  3. Amir said:

    The quandary:

    Buy milk or get the list?

    :>)

  4. C. Maoxian said:

    Amir: I suggest you plan on going without milk for at least a month.

  5. Born2Code said:

    where do you pay $25 for commission!! more importantly, why? :)

  6. C. Maoxian said:

    Born2: I don’t but many do and I thought it was a good default value. (Plus it shows how killer commissions costs can be.)

  7. Maoxian » 15 Ideas Portfolio Update said:

    […] Related: March 22, 2007 15 Ideas Portfolio screenshot Cat:  […]

  8. Maoxian » 15 Ideas Portfolio Update (2) said:

    […] Related: 15 Ideas Portfolio screenshot, April 21, 2007 15 Ideas Portfolio screenshot, March 22, 2007 Cat:  […]

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