Chasing the Wind

News. Faith. Nonsense.

Mechanical Investing for July 2007

The latest bull market shows some signs of slowing, but it’s mixed. Three month returns are positive but less than the previous month. But 1 week returns are high, and the market is up high this morning. But hey, I’m beating the market again.

  • Last 4 weeks: +1.4%
  • Last 3 months: +9.0%
  • Last 12 months: +9.2%
  • Year to date: +8.4% (Dow is +8.3% ytd from 12,463)

Holding for another month:

Ticker Bought Now Months Return  
MCY $53.85 $55.50 8 +3.1% Mercury General Corp. From the LPE_YLD screen. It’s fading… fading…
MDR $79.63 $85.04 1 +6.8% McDermott International. From the Screamers screen, but now it’s on the RSPeg2 screen.
PKOH $20.80 $28.93 2 +39.1% Park-Ohio Holdings Corp. Zoom! From the H52EgPS screen, but now also on RSPeg2, TREPPE, and Screamers. I sold off a portion to rebalance.
PFE $26.10 $25.69 5 -1.6% Pfizer Inc. From the LPE_YLD screen. Looks like a loss, but with dividends, it’s up 2.9%.
RNR $58.99 $61.61 1 +4.4% RenaissanceRe Holdings. From the Peg_Minimalist screen. Renaissance Holdings… could it be a codpiece? No, it’s insurance and reinsurance.
RS $46.37 $57.24 3 +23.4% Reliance Steel and Aluminum Co. From the TREPPE screen. Fading… fading…

Selling these:

Ticker Bought Sold Months Return  
AVT $36.40 $41.46 4 +13.9% Avnet Inc. From the RSPeg2 screen, but now also on TRPPE and H52EgPS. It gave back some of the winnings near the end, so i guess it’s out of steam.
BUCY $70.05 $73.10 1 +4.4% Bucyrus International Inc. From the RSPeg2 screen. Bye-bye, Bucky.
CRDN $68.27 $75.16 1 +10.1% Ceradyne Inc. From the TREPPE screen. Very nice for 1 month; odd it’s no longer on the screens.
CRY $14.55 $13.28 1 -8.7% CryoLife Inc. From the Screamers screen. Eww. Biomaterials, implantable devices, and BioGlue made from bovine blood protein. I’m not going to cry that it’s gone.
LTR $47.81 $51.86 2 +8.5% Loews Corp. From the Peg-Minimalist screen.
NAFC $39.22 $50.36 2 +28.4% Nash Finch Co. From the H52EgPS screen. Zoom! But gone.

New stocks for this month:

Ticker Bought Sold Months Return  
CAE $82.51 $N/A 0 N/A% Cascade Corp. Dishwasher soap? Probably not. Material handling equipment. From the Screamers screen.
CMCO $34.14 $N/A 0 N/A% Ah, Columbus-McKinnon is back. From the RSPeg2 screen.
MCK $59.51 $N/A 0 N/A% McKesson Corp is back. From the H52EgPS screen.
PENX $30.45 $N/A 0 N/A% Penford Corp. From the Screamers screen.
PFGC $32.98 $N/A 0 N/A% Performance Food. From the H52EgPS screen. Sounds like maybe they race bananas.
XL $84.73 $N/A 0 N/A% XL Capital Ltd. You can tell it’s a cool company because it starts with ‘X’. From the Peg_Minimalist screen.

6/3 Options:

Ticker Bought Sold Months Return  
No more options until October.

The next trade will be July 30.

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: