Tuesday, June 28, 2011
Back in the saddle
First off, Happy 1st Birthday to my boys! Having just read Michael Ashbaugh's latest column I came to realize Carbo Ceramics now trades in the $150-160 range... so I had to find that damn post I'd made about it a while back. In going through my posts, I think I made a fair number of bad calls (although I'd have saved you about 5% within the next couple of days), one really bad call (although the MACD is currently showing impending weakness), and plenty of good calls. I think my system works. Time that's passed has only confirmed it. It'll take more time (and capital - money begets money) to continue the growth, and I've learned even more lessons. I'll tease with this: Options that expire worthless suck, ESPECIALLY when stock prices soar two days AFTER they expire... 'Damn it, I was RIGHT!!" Until next time...
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