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Non-Tech : Feraldo's thread #??

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From: Feraldo11/4/2011 8:22:52 AM
   of 9722
 
current holdings and buy price:
long term hold of DGP $20.4x
long term hold of TLF $3.95 with a big divvy
largest holding and one I'm trying to "trade" ARCI $3.95 and $4.70
another "trade" NVR $661
small cap "collection" BDL $7.29
small cap "collection" GENC $7.20
small cap "collection" HIHO $2.80
small cap "collection" KSW $3.26
small cap "collection" MFI $5.2
3x market direction bet TNA $42.26
and my speculative technology play ITKG.ob at some loss, but I do not calculate average buy price often so I don't know it right now. Not more than 15-20%.

I have been working a lot so not logging in to anywhere much. Chat here and there at a few chat rooms but that is about it. I got taken to the cleaners on the BSQR earnings report earlier this year and have since clawed my way back to ok gains on the year. I also had to overcome the large drop in DGP, which has recovered some of its decline. Being up so much on it has made it a larger percentage of my portfolio so it makes the total $ amount swing a lot more now. Its a real long term hold. Bought twice and bought the first batch in August 2008 and more later as the financial crisis caused gold to drop more. Averaged down and held for the long haul. Its a monthly double long ETN so it does not have the same bad daily math as most leveraged ETNs.

I have diversified a lot to be sure. Near the market bottom or what I thought would be a bottom I put low bids in on several small caps and tried to get them not too far over cash or equity. The idea was to create a small cap mutual fund or what I call my small cap "collection." Small companies I have followed for a while and I figured with market in turmoil place low bids and pick some up. Market made a new low, but didn't close down on that lowest low day so I called the bottom too early but it was not a huge miss anyway.

Traded TNA IYR BGU TYH for small gains on the shoulders off the bottom. Was just looking to hit one of the rallys and be right on one and then hold for a while. This time I had TNA when we finally broke higher so will hold it for a bit.

ARCI and NVR are my actual swing/momentum trades. The ones I am not looking to holder for longer periods. I have actually bought ARCI three times. Twice in one account and then higher in two other accounts. It has grown from one of the small cap collection/quick trades to my largest holding as a result. Today should be interesting after good earnings.

So that is an update. Let the market roar right.
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