Fund My Hedge Fund http://www.fundmyhedgefund.com Inspired by Mark at FundMyMutualFund.com, this is a repository of my investing thoughts & trades. Mon, 21 Apr 2008 04:36:10 +0000 http://wordpress.org/?v=2.3.1 en Weekly Watchlist http://www.fundmyhedgefund.com/2008/04/20/weekly-watchlist/ http://www.fundmyhedgefund.com/2008/04/20/weekly-watchlist/#comments Mon, 21 Apr 2008 04:36:10 +0000 admin http://www.fundmyhedgefund.com/2008/04/20/weekly-watchlist/ I am watching the following:

PUTS:

CALLS:

]]> http://www.fundmyhedgefund.com/2008/04/20/weekly-watchlist/feed/ Another Shoe To Drop: LT2s http://www.fundmyhedgefund.com/2008/04/10/another-shoe-to-drop-lt2s/ http://www.fundmyhedgefund.com/2008/04/10/another-shoe-to-drop-lt2s/#comments Thu, 10 Apr 2008 13:09:30 +0000 admin http://www.fundmyhedgefund.com/2008/04/10/another-shoe-to-drop-lt2s/ Another so-called ‘Black Swan’ emerging on the horizon to settle on the tumulous lakes of the financial community.  Mark Gilbert at Bloomberg explains.

]]> http://www.fundmyhedgefund.com/2008/04/10/another-shoe-to-drop-lt2s/feed/ Moves Today http://www.fundmyhedgefund.com/2008/04/08/moves-today/ http://www.fundmyhedgefund.com/2008/04/08/moves-today/#comments Tue, 08 Apr 2008 23:04:34 +0000 admin http://www.fundmyhedgefund.com/2008/04/08/moves-today/ Having been away from the market for the better part of two weeks, I’ve made the following moves over the past two days:

 

]]> http://www.fundmyhedgefund.com/2008/04/08/moves-today/feed/ Jim Rogers: The Canary In The Coal Mine http://www.fundmyhedgefund.com/2008/04/08/jim-rogers-the-canary-in-the-coal-mine/ http://www.fundmyhedgefund.com/2008/04/08/jim-rogers-the-canary-in-the-coal-mine/#comments Tue, 08 Apr 2008 22:46:00 +0000 admin http://www.fundmyhedgefund.com/2008/04/08/jim-rogers-the-canary-in-the-coal-mine/ Jim Rogers for President.  Oh wait, he already emigrated to Singapore.

]]> http://www.fundmyhedgefund.com/2008/04/08/jim-rogers-the-canary-in-the-coal-mine/feed/ Reversal Price Targets http://www.fundmyhedgefund.com/2008/03/24/reversal-price-targets/ http://www.fundmyhedgefund.com/2008/03/24/reversal-price-targets/#comments Mon, 24 Mar 2008 16:32:06 +0000 admin http://www.fundmyhedgefund.com/2008/03/24/reversal-price-targets/ I see the next leg of the bear market beginning when the following price targets are hit:

]]> http://www.fundmyhedgefund.com/2008/03/24/reversal-price-targets/feed/ The Next Shoe To Drop http://www.fundmyhedgefund.com/2008/03/23/the-next-shoe-to-drop/ http://www.fundmyhedgefund.com/2008/03/23/the-next-shoe-to-drop/#comments Mon, 24 Mar 2008 03:56:31 +0000 admin http://www.fundmyhedgefund.com/2008/03/23/the-next-shoe-to-drop/ Government intervention at its finest:

http://www.bloomberg.com/apps/news?pid=20601087&sid=akhm.v.Wd1YQ&refer=home

]]> http://www.fundmyhedgefund.com/2008/03/23/the-next-shoe-to-drop/feed/ Buying http://www.fundmyhedgefund.com/2008/03/20/buying/ http://www.fundmyhedgefund.com/2008/03/20/buying/#comments Thu, 20 Mar 2008 15:24:16 +0000 admin http://www.fundmyhedgefund.com/2008/03/20/buying/ Today, I am buying the following:

DJIA is currently up around 130

]]> http://www.fundmyhedgefund.com/2008/03/20/buying/feed/ Bullish Buy - FDP http://www.fundmyhedgefund.com/2008/03/18/bullish-buy-fdp/ http://www.fundmyhedgefund.com/2008/03/18/bullish-buy-fdp/#comments Wed, 19 Mar 2008 04:03:55 +0000 admin http://www.fundmyhedgefund.com/2008/03/18/bullish-buy-fdp/ I have been kicked in the teeth again lately.  Perhaps I am too impatient to try and catch/time every market move.  But the past two weeks have just been horrific on my account.

Today, the Fed cut rates (again) by 75 basis points.  The USD is sure to continue to fall vs. every major currency (not today but in the medium-to-long term) as our central bank lowers rates while every other central bank (Australia, ECB) continue to either hold rates steady or raise rates.

One short-term bullish play I am looking at is the following:

FDP closed above previous resistance at 56 and is also in a bullish uptrend.  By my calculations, it should be good for a 5 to 6 point move to the upside.

]]> http://www.fundmyhedgefund.com/2008/03/18/bullish-buy-fdp/feed/ Buying Today http://www.fundmyhedgefund.com/2008/03/17/buying-today/ http://www.fundmyhedgefund.com/2008/03/17/buying-today/#comments Tue, 18 Mar 2008 02:33:36 +0000 admin http://www.fundmyhedgefund.com/2008/03/17/buying-today/ I added quite a few positions today throughout the course of the day.  They are as follows:

  • AMZN
  • CMG
  • DECK
  • EQIX
  • SRS (added this position back after seeing the huge downtrend & slow stochastics cross on its underlying index - IYR)
  • URBN (triple top in the 30.50 area on the candlesticks)

Closed out the following (will look to reenter depending upon market strength):

  • CF (potential support around 105; make sure it doesn’t break previous low close of 105.26)
  • MOS (support around 100)

Added to the following:

  • DBA

Want to add on Fed weakness tomorrow:

  • CRL
  • RATE (unsuccesful; will add tomorrow)
  • HOLX
  • IGT (watching for a breakdown from previous support)
  • MGM (hoping for a retrace back up to the trendline)
  • PLD (market strength could reverse this descending triangle)
  • STI ( if it breaks its previous low close at 54.23, watch out below)
  • USM (broke beneath prior (weak) support)

Want to add on Fed strength tomorrow:

  • CHK
  • FMX
  • FCN
  • MGM (going to hit the floor if the market tanks, see PENN as well although it is quite extended to the downside already)
  • XTO (natural gas play along with CHK?)

Watching no matter what the Fed does:

  • UNG (look for a retest of support around 44)

Wish I could but I can’t (buy puts on this security):

  • RBA (what a sweet put setup)
]]> http://www.fundmyhedgefund.com/2008/03/17/buying-today/feed/ Max Pain Theory http://www.fundmyhedgefund.com/2008/03/14/max-pain-theory/ http://www.fundmyhedgefund.com/2008/03/14/max-pain-theory/#comments Fri, 14 Mar 2008 16:32:55 +0000 admin http://www.fundmyhedgefund.com/2008/03/14/max-pain-theory/ The Max Pain Theory, which basically indicates where the market makers want the underlying security to end at on options expiration day so as to inflict maximum pain on those holding options, indicates the following about the indexes for the March 2008 expiration:

  • DIA - 121 (120)
  • SPY - 133 (130)
  • IWM - 74 (66.5)
  • QQQQ - 45 (42.45)

We are currently 8 days from options expiration.  It will be itneresting to see if these levels are where the particular indexes finish at.

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