09/30/2005 - Dis looks good!

dis 9/30/05

I have been keeping and eye on the market - as usual, and I saw some stocks that looked pretty interesting. MSFT, INTC, RTN and DIS. DIS looked pretty attractive to me and I purchased some shares today at $24.13. I am hoping a trend is in place and that we can ride this all next week!

09/22/2005 - Down Down Down

Looking at the charts of the Dow I see a lot of selling going on! I thought Wall Street expected the 25 basis pt rate hike. Maybe Mr. G is trying to nip this housing boom in the bud. True oil is at $67/barrel and we have another hurricane coming to the US.

I am still in oil but I have raised cash recently. Keeping an eye on stocks to REBOUND! They are still going down now!

09/21/2005 - sold C

I sold C today. I was caught between feelings of sell or hold. Unfortunately the market does not care if you are undecided or don't know what you are doing. It will slam you no matter what. On one hand Citi is trying to turn itself around. However, rates are rising, which is a negative for banks. I sold and took a small profit.

9/20/2005 - Wal-Mart

WMT 9/20/2005

This chart caught my eye. Too early to enter into a trade but it is beaten down and will most likely bounce back, unless mgmt is really sleeping. Lets wait for the knife to land before we grab it!

09/19/2005 - C

Citi 9/19/2005

This trade is working out OK. You may recall that I bought Citi a couple weeks back but sold out b/c it did not look like it was going to work out. Well, I bought it back and this time it worked. The one thing that I have learned is to cut losses and let profits ride. So, I will let C move up on its own until it tells me that it is tired and rolls over and goes back to bed.

09/09/2005 - This stock is a waste

of time. CAFE is down $0.93 this morning. Everyday there is a news blurb about this company. Today, the NASDAQ is going to delist the shares and warrants. Also, there is so much banter on the message board that my head is spinning. OK, here is probably what was going on with the recent increase in the stock price. The shorts knew that the stock was going to be delisted so they had to buy back shares to cover their positions. This action would drive the stock up. Just an idea.

09/07/2005 - CAFE - What?

I hate to say this but I bought some CAFE today. You know, that stock that went from $3 to $15 and then was halted for a couple weeks. It started trading and went down to $3 again. This AM is started to move again and it showed some strength! I did pick some up at $3.28 and SOLD at $3.70. It was actually a stupid move. Lucky to make money on that one.

Bought back into Citigroup again. I bought at $44.19. Stock is showing strength again. Hoping the Fed keeps rates the same and that the new CEO makes profitable changes. Lets see!?

What else happened?
oil (-$1.68 to $65.03/bbl)

With respect to individual equities, there were notable upgrades today for three Dow components that have lent a measure of support to the broader market... To that end, McDonald's (MCD 33.27 +0.61) went to Outperform from Peer Perform at Bear Stearns, while Piper Jaffray upped JP Morgan (JPM 34.79 +0.22) to Outperform from Market Perform and UBS upgraded Hewlett-Packard (HPQ 27.55 +0.30) to Buy from Neutral...

1-week
Top Performer

DJ US Heavy Construction Index (CON)

Last: 244.11
Percent Change: -0.27%

1-month
Top Performer

DJ US Consumer Electronics Index (CSE)

Last: 696.41
Percent Change: -0.99%

6 month
Top Performer

DJ US Water Index (WAT)

Last: 754.02
Percent Change: 0.73%

YTD
Top Performer

DJ US Coal Index (COA)

Last: 265.29
Percent Change: 0.74%

09/06/2005 - Recaps - - -

Host America (CAFE) has started to trade again as of last week. You may have read some commentary in my past postings. Well, all is not well at CAFE. The stock is trading at about $3 down from the mid-teens. I am grateful that I did not buy any hoping for the greater fool theory to work out for me.


CAFE


Dominos Pizza has trading down since I sold too. I was surprised that the stock dod not move when it had great earnings out last quarter. I did not to wait to find out what the real story was about while holding on to the shares.

I hope all had a great summer. I know I did and I am sorry to see the summer sky change to autumn. I was lucky to get to Pocasset, Cape Cod a few time and do some fishing. My total catch YTD is three Blues and one Striper. I hope to get out a couple more times while the fish are starting their migration to North Carolina.