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 ;-).


Cat: | Time: 9:07 am (utc+8)
March 22nd, 2007 at 9:57 am
CM,
What is the suggested donation to get your 15 ideas list?
March 22nd, 2007 at 10:19 am
Amir: No suggestion. Rich people tend to give a lot though. ;-)
March 22nd, 2007 at 10:49 am
The quandary:
Buy milk or get the list?
:>)
March 22nd, 2007 at 11:06 am
Amir: I suggest you plan on going without milk for at least a month.
March 22nd, 2007 at 11:33 am
where do you pay $25 for commission!! more importantly, why? :)
March 22nd, 2007 at 12:18 pm
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.)
April 21st, 2007 at 3:18 pm
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