Post a CommentFor most investors, the past few days have been great to watch with the S&P 500 up over 17% in the past 7 trading days, quite impressive! However, our own picks have been struggling this week, mainly two trades, the PCLN/NILE trade has been going through some tough times as Blue Nile surges forward. I recommend checking out Zach’s post about Nile’s recent rise. I think and hope he will turn out right!
The other trade that has gone through tough times is Google vs Valueclick. Again, I’m comfortable with the position but with it being close to my stop loss, I’m hoping for a rebound today to keep this one going and not have to close a first losing trade in 2009!
Similar Posts:
- Tough lessons, re-entering Priceline(PCLN) – Blue Nile(NILE)
- New Trade: Long Blue Nile(NILE) – Short Yahoo(YHOO)
- New stock pick: Long Netflix (NFLX) & Short Blue Nile (NILE)
- Closing trade on Apple (AAPL) vs Blue Nile (NILE)
- Closing trade: Long Apple (AAPL) & Short Blue Nile (NILE)
More on this topic
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Jeremy Siegel: S&P’s Earnings Wrong
(Investment U, 2/26/09)
Price Wimps of the S&P 500
(Investment U, 3/9/09)
[...] week, I had two trades go against me and I was hoping to be able to survive for the cutback but that was not meant to happen it seems. On Thursday’s close, i reached the [...]