Friday, August 6, 2010

Luna Innovations - LUNA

Interesting pattern developing on Luna Innovations, ticker LUNA. A weekly view of LUNA (below).

Now a daily view of LUNA (below).



Good speculating to you all and please remember to never forget that "an investor is a speculator who made a mistake and will not admit it".


Open Positions:
Long 1 unit Direxion Large Cap 3X Bear ticker BGZ @ $19.34
Long 2 units Direxion Small Cap 3X Bear ticker TZA @ $60.30
Long 1 unit Direxion Emerging Mkts 3X Bear ticker EDZ @ $60.50
Long 2 units Direxion Financial 3X Bear ticker FAZ @ $19.65
Long 2 units Ultrashort Xinhua China ticker FXP @ $42.45
Long 1 unit Ultrashort Real Estate ticker SRS @ $49.10
Long 2 units Direxion Tech 3X Bear ticker TYP @ $52.60
Long 1 unit US Dollar Bull ticker UUP @ $22.52 stop @ $22.52
Long 1 unit ishares Barclays 20yr Treas ticker TLT @ 92.15 stop @ $92.15
Long 1 unit ishares Barclays 20yr Treas ticker TLT @ 93.48 stop @ $93.48
Short 1 unit Apple ticker AAPL @ $275.20 stop @ $266.50

2 comments:

Anonymous said...

How can you possibly write: "an investor is a speculator who made a mistake and will not admit it".

When you hold inverse ETFs with no stop and which are now 50% below your entry...

Unfortunately you have become an investor with an opinion that is being proven wrong by the market and no stops to protect you. Remember, the market can remain irrational much longer than we can remain solvent (keynes)

Harleydog said...

Anon,

it is easy to write, I just type the buttons on the keyboard!

Yes I am wrong, just like I was wrong being short tech thru much of 1999, just like I was wrong being long gold in 1999 as it sank to $300/oz, just like I was wrong being long oil as it sank below $12 and approached $10/barrel, with Merrill's global energy analyst reminding me it was finished and how truly GALACTICALLY STUPID I WAS!

Again , thx in advance for you advice, duly noted and much appreciated.

HD