Mechanical Investing for November 2006
The Michael Investing Club (number of members: 1) did OK in October. It’s nice to see positive numbers again, though I’m still lagging the market.
- Last 4 weeks: +5.1%
- Last 3 months: +4.1%
- Year to date: +0.6% (Dow is +12.4% ytd from 10,718)
- Last 12 months:-0.2%
Holding for another month:
| Ticker | Bought | Now | Months | Return | |
|---|---|---|---|---|---|
| CMA | $55.03 | $58.00 | 5 | +5.4% | Comerica, Inc. From the LPEYLD screen. |
| KR | $23.13 | $22.58 | 1 | -2.3% | Kroger Co. From the H52EarnPS screen. |
| OMG | $45.91 | $57.18 | 1 | +24.5% | O M Group Inc. Originally from the TREPPE screen, now also on Screamers and Peg-Minimum. |
| SWY | $31.20 | $29.38 | 2 | -5.8% | Safeway Inc. From the H52EarnPS screen. |
Selling these:
| Ticker | Bought | Sold | Months | Return | |
|---|---|---|---|---|---|
| CPY | $47.99 | $47.23 | 1 | -1.6% | C P I Corp. From the Screamers screen. |
| EME | $49.17 | $59.07 | 4 | +20.1% | EMCOR Group, Inc. From the H52EarnPS screen. Can’t be too upset with that. |
| GYMB | $43.48 | $46.77 | 1 | +7.6% | Gymboree Corp. From the Screamers screen. |
| HOC | $44.31 | $46.76 | 2 | +5.5% | Holly Corp. From the LowPEZLTD screen. |
| PCCC | $8.38 | $10.71 | 3 | +27.8% | PC Connection Inc. From the H52EarnPS screen. |
| SHW | $55.72 | $59.18 | 1 | +6.2% | Sherwin Williams Co. From the TREPPE screen. |
| TROW | $47.66 | $47.33 | 1 | -0.7% | T Rowe Price Group Inc. From the LowPE_ZLTD screen. |
| WM | $45.96 | $42.19 | 5 | -8.2% | Washington Mutual. From the LPE_YLD screen. |
New stocks for this month:
| Ticker | Bought | Sold | Months | Return | |
|---|---|---|---|---|---|
| BAC | $54.05 | $N/A | 0 | N/A% | Bank of America. I held this earlier this year for a nice profit. From the LPE_YLD screen. |
| ILMN | $43.96 | $N/A | 0 | N/A% | Illumina, Inc. I held this in January for a nice little profit. From the Screamers screen. |
| KELYA | $28.64 | $N/A | 0 | N/A% | Kelly Services Inc. I held this in late 2005 for a 6.7% loss; let’s see if I get my money back. From the H52EarnPS screen. |
| LYO | $25.46 | $N/A | 0 | N/A% | Lyondell Chemical Company. I thought we were done with oil stocks. From the H52EarnPS screen. |
| MTW | $54.09 | $N/A | 0 | N/A% | Manitowoc Company, Inc. Sounds… Indian? Canadian? Manatee? From the Peg-Minimalist screen. |
| PWR | $18.39 | $N/A | 0 | N/A% | Quanta Services. Why does the ticker symbol start with P? From the Peg-Minimalist screen. |
| RIMM | $117.05 | $N/A | 0 | N/A% | Research in Motion. I held this in late 2004 for a 24.7% profit; let’s see if it’s a repeat 2 years later. From the Screamers screen. |
| TSM | $9.66 | $N/A | 0 | N/A% | Taiwan Semiconductor Mfg. If China invades Taiwan, now you know why I’ll be upset. From the LPE_YLD screen. |
6/3 Options:
| Ticker | Bought | Sold | Months | Return | |
|---|---|---|---|---|---|
| .GPIAK | $3.50 | $4.90 | 3 | +40.0% | GPI Group One Jan 55 Calls. Sold, early November. |
| .IQACH | $6.60 | $8.30 | 3 | +25.6% | ILMN Illumina Inc Mar 40 Calls. Was a -57% loss until a few weeks ago. Sold, early November. |
| .AEMBI | $3.80 | $1.70 | 2 | -55.3% | AEM (Agnico-Eagle Mines Ltd) Feb 45 Calls. Will sell in early December. |
| .SEUCH | $5.00 | $6.80 | 2 | +36.0% | SHOO Steve Madden Ltd Mar 40 Calls. Will sell in early December. |
| .QEICL | $2.60 | $2.45 | 1 | -5.7% | SEICT (S E I Inv Corp) Mar 60 Calls. Will sell in early January. |
| .TDG | $0.89 | $1.50 | 1 | +68.5% | T AT&T Apr 35 Calls. Will sell in early January. |
| .MEHDV | $0.5722 | $N/A | 0 | N/A% | MEH Apr 12.5 Calls. Will sell in early February. |
| .ATIDQ | $6.60 | $N/A | 0 | N/A% | ATI Apr 85 Calls. Will sell in early February. |
The next trade will be November 27.
Carve Your Own Pumpkin
Carve your own pumpkin without having to stick your hand inside that slimy glop.
Firefly. Shiny.
Thanks to Sean for providing the link.
It appeals to only a few of us, but by golly, I miss that Firefly series.
Burning Babies
I can hardly imagine the cognitive disassociation necessary. Here’s a controversy from London; women are upset that, after an abortion, the hospital burns the aborted fetuses in the hospital incinerator.
One local woman, who asked not to be named, said after the heartache of deciding to have an abortion she was mortified to find the hospital had used the same furnace they burn rubbish in to incinerate her terminated baby.
She said: “I am furious and very hurt. Imagine my horror when I discovered that my baby was incinerated in the same furnace as the hospital rubbish.”
Can somebody explain to me why the woman is upset? To my mind, the fetus is one of two things –
- If the fetus is a baby, the abortion kills the baby. If one believes that (or even if one is not 100% sure), then if you don’t want the baby to be burned, don’t abort the baby.
- If the fetus is *not* a baby, why does it matter what happens to it? It would like discarding any other refuse.
What am I missing?
So Much Liberal Media Today
I’ve never seen so many news stories trumpeting the Democrats winning one or both seats of congress. Tonight, CNN was saying how great it was to have a divided Congress, or a President in one party and the Congress in another. The media is trying to brainwash the American people into believing this is a done deal. Pelosi is already Speaker of the house by all media accounts.
I’m not falling for it. I don’t believe it. I think the Democrats are falling for their own push-polls that say they’re going to win. Sure, there’s a lot of dissatisfaction among Republicans. Keeping up support for the troops is hard when the media blasts us daily that we’re a bunch of losers and we should quit. Republicans promised us smaller government and they ballooned it into something huge. The Republicans make no serious effort to stand up against the ACLU’s attack on Christianity, gay marriage, lower taxes, or any other conservative issue I can think of. The border is as porous as the underwear men are wearing to the gym (which, by the way, I almost but not quite feel compelled to give them a dollar to buy some new underwear).
But the Democrats offer nothing in the way of an alternative. Nothing. And they think somehow they’re going to win?
My prediction is that Democrats make minor itty bitty inroads, gain a couple of seats. Nothing more. And the media will blame it on faulty voting machines again.
Bleh.
