Sorry for being early but the traders have given the terminals to the rookies and the blogs are talking about investment ideas for next year. And I'll be honest, I kinda wanna see my name beside this one all year.


Thoughts going into 2011? I'm looking for more of the same as we had in 2010, possibly starting with a small correction to begin the year. Growth will be slow as it is now, some companies will surprise to the upside, some to the downside. We'll get more scares out of sovereigns in Europe but I think the Fed will somehow manage to keep the muni budget crisis held off for most of the year.

I'll be looking to capitalize on earnings misses on otherwise good companies, will be selling puts at support lines on good dividend payers, and will be looking to take stronger positions than I did this year to hopefully turn an 8% year with a total of 25 trades taken (open and close) into something a little bit better while still maintain the same overall risk management strategy.

12/23/2010 1:29:21 PM

You son of a bitch. I wanted this thread.

12/23/2010 1:30:08 PM

Moderate recovery through 1st quarter. Some kind of global event that causes markets to stumble in 2nd quarter. Stagnant growth for 3rd quarter. Markets jump on predicitions of 2012 growth/christmas/thanksgiving shopping in 4th quarter.

JUST LIKE EVERY YEAR

12/23/2010 1:33:15 PM

I had a pretty good 2010. looking at about a 30ish% gain in my 401k, mostly thanks to F.

12/23/2010 5:52:57 PM

Damn 30% is awesome. I was happy with my 15%.

12/23/2010 6:06:46 PM

Hey, we all get lucky some times.

12/23/2010 9:10:00 PM

zales is making the end of this year good for me. builders first source is not helping.

12/23/2010 9:13:38 PM

^^^ Ditto. Personal Rate of Return from 01/01/2010 to 12/22/2010 is 16.7%

12/26/2010 2:50:26 AM

[Edited on December 26, 2010 at 12:59 PM. Reason : ]

12/26/2010 12:58:19 PM

message_mytopics.aspx?add=606738

12/26/2010 2:37:29 PM

Quote :

"You son of a bitch. I wanted this thread."

Weird, if you scroll down, it says qntmfred created the 2010, but if you search, it says you did (which is what I was remembering).

[Edited on December 26, 2010 at 3:40 PM. Reason : Wait, now it says you again. I swear it said ken a few days ago.]

12/26/2010 3:35:42 PM

For 2010
~19% in 401k (through Merrill Lynch Advice Access)
~30% in regular investment account from 5-6 stocks I've picked up over the past year

12/26/2010 11:17:58 PM

Ill guarantee you guys don't have those kind of gains this year.

12/27/2010 8:41:43 AM

Quote :

"Personal Rate of Return from 01/01/2010 to 12/22/2010 is 16.7%"

Does that include your contributions?

12/27/2010 11:50:50 AM

Add to my topics

12/27/2010 1:08:07 PM

^^ Why would it? That isn't a rate of return.

12/27/2010 6:17:18 PM

^Thanks Einstein. Maybe that's why I am asking, because a lot of people mistakenly include their contributions.

12/27/2010 9:59:57 PM

Emptiest I've ever seen a trading floor (albeit only up here for 3 years). We had 2 people on a 5 man desk and the entire equities floor was about 40% full.

Surprisingly, this was the 5th biggest storm ever for NYC - seems like 15 inches shouldn't be that much?

12/27/2010 10:32:28 PM

No, it does not include contributions.

12/27/2010 11:42:20 PM

setting trailing stops on some FAS and EDC that i bought in December

1/3/2011 11:13:19 AM

the thread that started this tradition:

http://www.thewolfweb.com/message_topic.aspx?topic=378159

1/3/2011 11:21:16 AM

sold 4 call contracts on SSO at $52 strike today; made about $80.

sold 2 contracts on the same at $51 strike price in one of dad's accounts; again made about $80.

1/3/2011 5:37:09 PM

Probably should have waited on that. I feel like we're going to have a strong rally to start the year before the price of gas starts worrying people which triggers a new round of inflation discussion in the msm and will get the market to shake out the dumb money (smart money sold into year end and would very much like to buy back lower) On top of that the IV is relatively low so that you're cutting yourself off at the knees to sell those covered calls.

1/3/2011 10:11:42 PM

I'd be comfortable with the covered calls. A lot of people are calling for a minor Q1 pullback before a rally.

1/3/2011 10:48:24 PM

More reason to believe we'll just keep rallying. Pullbacks need some sort of catalyst to panic the herd and the news just keeps coming in good. So, we'll need a jobs number surprise, a muni surprise, or more likely, I think we keep rallying and oil goes nutso pants in the next week or two and goes over $100.

1/4/2011 7:14:41 AM

I wish my Cisco would go to $23.00. Kinda looking at BobbyDigital to do some motivational work over there and make it happen.

1/4/2011 10:49:10 AM

Wait till the day before their next quarterly results announcement. They are also supposed to be declaring a small dividend this quarter.

1/4/2011 10:56:44 AM

^^

haha, you and me both man. I have some ESPP I'd like to unload.

Yeah and as ^ said, the pattern typically dictates a run-up heading into earnings, and then John Chambers talks about cautious optimism or some other less than bubbly prediction for the next quarter, and we tank. So, sell right before the earnings call and you'll be good.

1/4/2011 11:30:47 AM

That's the plan. I'm sitting on 150 shares right now that I bought at $19.34 when it dropped back in November.

[Edited on January 4, 2011 at 11:37 AM. Reason : s]

1/4/2011 11:32:55 AM

statehockey8

do you work at NYSE?

1/4/2011 12:50:32 PM

Anyone have more information on bridge accounts? I just looked it up through SECU and it sounds like a good deal considering if the market is down, you don't lose any money but there are limits to how much you can earn. I don't know much about stocks so I was looking for something somewhat easy to understand.

1/4/2011 1:21:32 PM

Yes, max it out. I've been using it since it was first available. You can put up to $3,000 in it. Each quarter you can earn between 0%-3% based on what the S&P 500 returns. All you need is one good quarter to beat the rate we're getting in our money market accounts.

1/4/2011 4:22:06 PM

So i own MOT - what is going to happen tonight?

1/4/2011 5:09:08 PM

Quote :

"All you need is one good quarter to beat double the rate we're getting in our money market accounts."

Chambers does his typical earnings rhetoric every time, I'm wondering why the last 3 quarters have been rocky. For a mogul so liquid to tank 15-20% every 3 months (and then make it back up over the next 3 months) on cautious optimism is odd?

Bobby, are there any plans whatsoever in the next 3 years that Chambers is going to start dishing out a small dividend?

[Edited on January 4, 2011 at 5:25 PM. Reason : .]

1/4/2011 5:21:57 PM

Are their any Pharma sector gurus here? I see some good values in Astra Zeneca and Eli Lilly, etc.

1/4/2011 5:30:22 PM

^^ Yeah, I earned 9% last year. Not bad for an account with zero risk.

1/5/2011 8:23:42 AM

bought in to entr (12.70) today on this pull back from the days rally ... hoping its a setup for some more gains...

[Edited on January 5, 2011 at 11:41 AM. Reason : .]

1/5/2011 11:36:39 AM

i bought up 500 shares of alcoa after listening to cramer on mad money the other night and so far it is up over a buck a share. this will be a stock i hold for at least 6 months at this point. i am getting tired of looking at all the citibank i have and think it may be time to move it on since it is almost at 5 bucks. would you guys sit on citi long term or take the gain and move on?

1/5/2011 4:46:10 PM

When Citibank hits $5, I feel it will propel forward. It becomes open to lots of mutual funds, pensions, institutions that have a minimum share requirement of $5. Why they haven't done a reverse stock split like AIG, I'm not sure. But check out AIGs chart, I heard hedge funds were buying it like crazy after the gov't backed it all up and the reverse stock split took effect. Personally, I wouldn't take it off the table - but I probably wouldn't take anything off the table. It seems that any decent stock is poised for a jump. You could keep the C stock, and margin it to buy something else? Put a limit order at maybe $4.80 for extra safety?

1/5/2011 7:56:36 PM

Damn, people still buy stock based on Jim Cramer?

1/5/2011 8:00:04 PM

Quote :

"statehockey8 do you work at NYSE?"

Nope, equities trading floor at a BB in NYC. Picked back up this week though.

1/5/2011 8:25:26 PM

Quote :

"Bobby, are there any plans whatsoever in the next 3 years that Chambers is going to start dishing out a small dividend?"

We are doing a dividend this year at CSCO. Original numbers were 1 to 2 percent but chambers has said he would like to do more if Obama and company would allow him to bring money in from over seas at a lower tax rate (CSCO spent almost 1 million dollars already lobbying for that)

1/5/2011 8:38:56 PM

considering picking up some GPS today while it is down a bit...thoughts?

1/6/2011 10:49:36 AM

out of entr at 13.35 ... hope to get a pullback below 13 to get some more.

1/6/2011 1:37:11 PM

VZ is down a good bit. Was there bad news or is that just due to the dividend?

1/6/2011 1:46:12 PM

who do you guys trade through...I was shopping through the online b/d's today and best I could find was $3 trades.

That as cheap as it goes? I do more MF trades and longer holding periods normally, but want to me more active in individual equities so I want to find a simple very cost effective platform. Not looking for my B/D to provide research, just the transaction at low price.

1/6/2011 2:44:45 PM

You're going to be hard pressed to beat $3 trades.
VZ is looking tempting today.

1/6/2011 2:49:24 PM

I had Jan 36 calls on my VZ and the idiot on the other end called them away today so neither of us gets the dividend.

Sold Jan 36 puts on it for $0.49.

1/6/2011 2:52:20 PM

VZ BUY Processing 28 $36.27 $1,022.56 3:50:56 PM

1/6/2011 3:58:55 PM

Erin Burnett iop1

1/7/2011 12:32:06 PM