Thursday, September 30, 2010

Chart on Procter and Gamble -PG

I was chart surfing and came across Proctor and Gamble, ticker PG. With its dividend and sleep factor, it is a crowd favourite among the Bill Spiropoulos, who was just on the propaganda network and whom I always like to listen to ramble on denigrating anyone questioning his orthodoxy. 

Sure Bill, a double dip is nonsense, bonds are for losers and you can't buy anything with gold. I'd recommend you ask someone from Japan whether bonds or equities are for losers but that might interfere with your logic and more importantly with Bill's income. See for some strange reason on Wall St. the crumbs, sorry I meant to say fees from equities is much more generous than bonds. Bill Spiropoulos like many on Wall St., is a poster child for "product of my environment" investing, they know one thing, inflation and that's all they can see, and all they will see, but yet again I digress. 


A monthly view of PG below.



And now a weekly view of PG below.


Housekeeping notes:

Yesterday I was stopped out of the following positions:

1 unit of NFLX @ $166.33 for a loss of just over 3 pts on 1 unit.
1 unit of IBM @ $135.71 for a loss of just over a pt on 1 unit.

This morning I was stopped out of the following positions:
1 unit of BNS @ $53.44 for a loss of almost 2 pts on 1 unit. 




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 Amazon ticker AMZN @ $160.00 stop @ $162.11
Short 1 unit Baidu ticker BIDU @ $103.45 stop @ $105.11
Short 1 unit of Apple ticker AAPL @ $ 287.65 stop @ $290.61

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