Chasing the Wind

News. Faith. Nonsense.

Mechanical Investing for April 2006

No complaints this month on the Mechanical Investing side. Nothing spectacular, nothing traumatic, but I’m falling a little behind the market as a whole.

  • Last 4 weeks: +1.5%
  • Last 3 months: +1.3%
  • Year to date: +1.3% (Dow is +4.7% ytd from 10,718)
  • Last 12 months:+1.8%

Holding for another month:

Ticker Bought Now Months Return  
AH $58.86 $59.95 1 +1.9% Armor Holdings. Hot dogs, maybe?
BAC $45.98 $46.01 1 0.00% Bank of America Corp. Hey, I own a bank.
FDG $41.01 $37.79 1 -7.9% Fording Canadian Coal Trust.
IM $19.77 $20.00 3 +1.2% Ingram Micro Inc.
SPY $128.58 $130.59 2 +1.6% SPDRs.
TEN $23.33 $21.48 1 -7.9% Tenneco, Inc.
UNTD $14.69 $12.99 3 -11.6% United Online Inc. Ouch. I can’t fathom why the screens say to keep this one.

Selling these:

Ticker Bought Sold Months Return  
CRDN $46.15 $49.74 4 +7.8% Ceradyne, Inc. Still a nice return, but was +28% a month ago.
FHN $38.75 $41.84 5 +8.0% First Horizon National Corp.
OATS $17.75 $19.01 1 7.1% Wild Oats Markets, Inc. Look, I’m done sowing my wild oats.
PBR $89.57 $89.50 1 0.00% Petroleo Brasileiro.
TLAB $15.15 $15.92 1 +5.1% Tellabs, Inc.
WM $38.54 $42.76 6 +10.9% Washington Mutual. Aw, I liked this one.

New stocks for this month:

Ticker Bought Sold Months Return  
CMA $59.03 $N/A 0 N/A% Comerica Inc. Look, I own another bank.
CMC $54.51 $N/A 0 N/A% Commercial Metals Company.
EMKR $10.18 $N/A 0 N/A% Emcore Corp. From the “Screamers” mechanical list.
HCC $34.24 $N/A 0 N/A% HCC Insurance Holdings.
HOC $76.45 $N/A 0 N/A% Holly Corp. Sold this last December at 58.35. I’m noticing a pattern of doing this.
JDSU $4.11 $N/A 0 N/A% JDS Uniphase. I think I sold this last in, oh, 1999, for like $160. It’s fallen a long way.

The next trade will be May 1st.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

About 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

Recent Posts

  • His Hour Has Come
      I.      Introduction Even though we’re still in the book of John, something is different.  Jesus has demonstrated seven major miracles, each one demonstrating Jesus is the true Messiah.  But He has completed His miracles, and now he will elaborate on His death and what it means for gentiles.  But before we go there, I […]
  • He Knows His Own
    Our Shepherd knows His sheep. Do you know Him? Listen for His voice. #Jesus #Shepherd #BibleStudy #Sunday
  • Bread of Life
      I.      Introduction Who does Jesus say He is? The book of John describes Jesus beautifully, beginning with verse 1, “In the beginning was the Word, and the Word was with God, and the Word was God.”  But I want to skip to verses 9-13 because it gives a nice introduction to our lesson today. […]
  • But Whoever Drinks
    The source of all forgiveness and hope is found in the living water offered to all through our Lord Christ Jesus. #biblestudy #LivingWater #Hope #Jesus
  • Where Do We Find Hope?
    Today is our conclusion of our study of minor prophets. First Amos, then Jonah and Hosea, and now Micah. That is four by my count, but there are a total of 12 minor prophets. No doubt we will return to Joel, Obadiah, Habakkuk and the others, but next week we open the New Testament book […]


%d bloggers like this: