S&P -2.93% – Downgrades and Oil

June 26th, 2008 at 7:06 pm

Well, THAT fairly well sucked. (Dumbass RIMM trade notwithstanding.)

I did like that someone pointed out “Why did it take GM getting to a 35 year low before someone said, ‘Sell’?”

Thing is, MTD, the WaveChasing port is holding up pretty damn well. It’s a real shame my managed brokerage account couldn’t be keeping up.

Opened:
2 GTrades picks

Closed:
RIMM -9.65%, held overnight, 3×2, idiot me didn’t realize they were going into earnings (HOW DID I MISS THAT????)

Month to Date:
My ports: -0.80%
Brokerage: -6.98%
BBE Overall: -2.93%
S&P -8.21%
% of Trading Targets reached: -91.54%
I’m screwed ratio: 1.8 to 48.7
Long to Cash %s: 38.75% to 61.25%

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