Mechanical Investing for March 2006

February was looking good until 3 stocks took a 15% nosedive within 2 days. Bah. Why don’t they ever nosedive upwards? Still, things are looking good so far this year even with that bump.

  • Last 4 weeks: -3.60%
  • Last 3 months: +3.2%
  • Year to date: +3.8% (Dow is +3.7% ytd from 10,718)
  • Last 12 months:+1.3%

Holding for another month:

Ticker Bought Now Months Return  
CRDN $46.15 $59.08 3 +28.0% Ceradyne, Inc.
FHN $38.75 $39.95 4 +3.1% First Horizon National Corp
IM $19.77 $19.89 2 +0.6% Ingram Micro Inc.
UNTD $14.69 $12.37 2 -15.8% United Online Inc. Ouch. I can’t fathom why the screens say to keep this one.
WM $38.54 $43.39 5 +12.6% Washington Mutual

Selling these:

Ticker Bought Sold Months Return  
ATI $51.88 $52.77 1 +1.7% Allegheny Technologies Inc.
CLF $81.4799 $87.74 4 +7.7% Cleveland-Cliffs, Inc.
GT $18.10 $14.46 2 -20.1% Goodyear Tire & Rubber Co. Ouch.
ILMN $20.82 $25.19 1 +21.0% Illumina Inc. Ah, that was a nice month.
LMS $25.76 $26.39 2 +2.4% Lamson & Sessions Co.
MRK $34.18 $35.49 1 +3.8% Merck & Co. Inc. Hey, look, I used to own a pharmaceutical company.
RYI $19.89 $26.26 7 +32.0% Ryerson Tull Inc. I held this one a long time.
SPY $128.58 $129.86 1 +1.0% SPDRs.
TKR $36.40 $29.10 1 -20.1% Timken Co. Ouch, make it stop.

New stocks for this month:

Ticker Bought Sold Months Return  
AH $58.86 $N/A 0 N/A% Armor Holdings. Hot dogs, maybe?
BAC $45.98 $N/A 0 N/A% Bank of America Corp. Hey, I own a bank.
FDG $41.01 $N/A 0 N/A% Fording Canadian Coal Trust. Dang it, I sold this last June for $29.45.
OATS $17.75 $N/A 0 N/A% Wild Oats Markets, Inc. Finally, after all these years, I’m sowing my wild oats.
PBR $89.57 $N/A 0 N/A% Petroleo Brasileiro. Dang it, I sold this one, too, last year, for $69.16.
TEN $23.33 $N/A 0 N/A% Tenneco, Inc.
TLAB $15.15 $N/A 0 N/A% Tellabs, Inc.

Options Sold:

.MDREI $3.50 $8.5 3 +142.9% MDR May 2006 45.00 Call. When options work, they work really, really good. 🙂

The next trade will be April 3rd.

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2 thoughts on “Mechanical Investing for March 2006

  1. Wooohoooo!! April 3rd is a good day.

    Not to a pain in the you know what, but have you ever calculated your returns after taking into account short term capital gains and the trade costs versus an index fund?

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  2. About 2/3rds of the funds are in an IRA and there are no short term capital gains.

    Right now the S&P 500 is beating my returns, but I’m beating the Nasdaq 100 and the Dow. If I average all 3 index funds, my returns are about the same. Hindsight says I should have put the whole thing into a SPDR, but my goal is to beat the index funds.

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