Sunday, February 13, 2005

Accumulated Knowledge (02/13/2005)

Sorry for the lack of posts...but I've been doing some research on the local real estate market. And getting some much needed help and insight from Jack and his Old Merrill Pal over at Stocks and Bonds?. If you haven't checked out the Stocks and Bonds? owe it to yourself to do so. He covers a range of topics from stocks, bonds, real estate, the economy, market history, the list goes on. I'm not kidding in saying Jack has forgotten more than I will ever know. Check it out!

A recent interview from Valero's CEO, Bill Greehey. Looks like 2005 will be another bang up year for the company. I never got around to doing a complete study on the oil refinery business...but do know that the horrific narrowing of the crack spreads seem to be at the refineries back. In addition, any refinery that has taken advantage of heavy crude processing is in the sweet spot. Plus, I stop every day to grab a coffee from one of their Diamond Shamrock stores. :)

A comeback for IO? Their new seismic system sounds interesting. They just need the exploration market to kick into high gear. And to overcome the recent lawsuit.

I can't help but think there's more than a few opportunities presenting themselves in the heartlands these days. Read here on the recent initiatives to keep residents from blowing away. Combine this problem with the recent news here and here on Bush's aim towards cutting government subsidies for grain farmers and you've got a bottom in the making. Ya think?

Interesting article on School Reform and the turnaround background on the NYPD. Read here.

Looking for a good movie or two to see? You must check out In Good Company and Meet the Fockers. If you're a dad with a daughter...then you absolutely have to see In Good Company. Just be prepared to be pulled at the heartstrings. :)

Have a good week everyone!

Daily Systems

New System Triggers
  • none.
Recently Closed Trades
  • Closed MGF (BreakUp) on the previous Monday's open at +1.20% profit.

Weekly Systems

New System Triggers
  • none.
Recently Closed Trades
  • none.

Current Open Systems

Symbol System Entry Date Exit Date Profit/Loss%
QQQQ SimpleUp 1/4/2005 open -0.66%
AATKPennyLag1/5/2005 open-26.19%
HAUP PennyLag 1/7/2005 open -25.00%
DDDC PennyLag 1/18/2005 open +60.50%
DCTH PennyLag 1/24/2005 open -6.95%
APLX PennyLag 2/7/2005 open +13.98%

Total +15.68%

Please read the disclaimer on the website. This is not a recommendation to buy, sell, or trade securities. Just a journal of my travels through Wall Street. I can buy, sell, or hold any positions mentioned on this website at anytime. So, be warned.

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