I'm bringing the blog back, but at a new place and with a new objective. I learned before that it's very hard to do quick moves in a blog format, moves where the timeframe is measured in days or less. So, the purpose of this blog will be to focus more on longer-term moves, positions I intend to be in for weeks, months, or even years. I will also be using a hybrid approach that combines fundamentals and technicals. Despite 2009's epic run higher, there are still plenty of great opportunities for longs and shorts.
I intend to keep the shorter-term stuff out of this blog except for when I am looking to make moves in these longer-term positions. This includes buys, sales, covers, and shorts of common stock as well as options-related moves (such as covered calls/puts and spreads). My intent is to use options except when we are dealing with a company with at least one of the following:
1. A big dividend. You don't collect the dividend if you're holding options.
2. A thin or non-existent options chain.
I will try to put up at least one post a day detailing the day and any actions I took. I'd also like to put out a new pick each week and maybe even a new lesson.
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