Chasing the Wind

News. Faith. Nonsense.


Mechanical Investing for October 2005

Much improved over last month, much improved. Nothing to complain about. 🙂

I know the market goes up and down – makes me seasick sometimes. But I’m in it for the long haul. So if I lose money occasionally, I still think the market over the next 20 years is the place to be.

  • Last 4 weeks: +7.4%
  • Last 3 months: +4.5%
  • Year to date: +1.9% (Dow is -2.2% ytd)
  • Last 12 months:+3.4%

Holding for another month:

Ticker Bought Now Months Return  
CMCO $19.02 $24.53 1 +29.0% Columbus McKinnon Corp.
FDG $38.7833s $42.04 1 +8.4% Fording Canadian Coal Trust
FTO $32.79 $45.65 1 +39.2% Frontier Corporation
KELYA $29.73 $30.67 2 +3.2% Kelly Services Inc.
MRO $59.58 $68.96 1 +15.7% Marathon Oil Corp
RT $19.89 $21.31 2 +7.1% Ryerson Tull Inc.

Selling these:

Ticker Bought Sold Months Return  
ALO $25.10 $24.54 1 -2.3% Alpharma
APA $70.02 $56.36 1 -19.5% Apache Corp.
BR $68.54 $82.51 1 +20.4% Burlington Resources Inc.
KG $14.84 $15.39 1 +3.7% King Pharmaceuticals Incorporated
MCK $45.66 $47.71 2 +4.5% McKesson Corp.
XTO $37.53 $46.02 1 +22.6% XTO Energy Incorporated

New stocks for this month:

Ticker Bought Sold Months Return  
KR $20.55 $N/A 0 N/A% The Kroger Company.
KSE $36.78 $N/A 0 N/A% Keyspan Corporation
LMS $18.60 $N/A 0 N/A% The Lamson & Sessions Co.
LSS $56.25 $N/A 0 N/A% Lone Star Technologies
NFX $50.03 $N/A 0 N/A% Newfield Exploration Co.
WM $38.54 $N/A 0 N/A% Washington Mutual

New options for this month:

Ticker Bought Sold Months Return  
.SWNCQ $7.70 $N/A 0 N/A% SWN Mar 2006 85.00 Call, will sell 1st week of January 2006. Wanna know how volatile options are? It’s already up 40% since I bought it this morning.

I would have bought another option (.LSIDS) but apparently when I switched my IRA to another broker I lost the ability to buy calls. 😦

The next trade will be October 31st when I’ll do the November trades a day early.



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About Me

Michael, a sinner saved by grace, sharing what the good Lord has shared with me.

Solomon, in the book of Ecclesiastes, said, “I have seen all the things that are done under the sun; all of them are meaningless, a chasing after the wind.”

If you’re not living for the glory of God, then what you’re doing is meaningless, no matter what it is. Living for God gives life meaning, and enjoying a “chasing after the wind” is a gift from God. I’m doing what I can to enjoy this gift daily.

Got questions? I’m not surprised. If you have any questions about Chasing the Wind, you can email me at chasingthewind@outlook.com.

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