So sorry for being away for a while.

While I have been away for a few months, I will try to be more up to date with my postings. The market is reacting as most would hope. Yes, I said hope. Right now you cannot fight the tape. You have to go with the flow, but at the first real sign of trouble you need to become defensive. Right now I own the following stocks: ATPG, ENHD, SMOD and IDSA. Yes, I do only own a few stocks and I am trading, not long term buy and hold right now. I am over 45% cash and will continue to stay this way until the overall "psychological" aspect of the economy returns. High unemployment is never good. Along the way, I have made enough money this year to do the following. I bought a new car, Infiniti G37 AWD, and I love it a lot. Was looking at some other cars like the new Lexus IS 350 AWD. Sweet ride, but I owned a Lexus a couple years ago. Talk to you later.

Oh smokes, I have been away a long time!

I am sorry to all the people that follow this blog. I have been away for a while, sucked into everyday life and work. The markets have been a little resilient of late, making me feel even more confused. So what do you do? IMO, this is a chance for you to learn and hone your skills on trading stocks. When the markets are uncertain, take profits when you have them and minimize your loss potential. Making 8-10% trading profits is not bad. Let me tell you what is in my portfolio right now.

AYSI, BTN, DRWI, EGO, ETEC, KTCC, MILL, PPCO, SMED, SCLX, SPCK, TELT, ZYNX.

So, what is up with these stocks?

AYSI, I have owned this in the past and made money trading (buy on rumor and sell before news). Past earnings have been inconsistent, however, AYSI recently announced a new product line that was recently purchased by an extremely large oil/gas produces (BHP).

BTN, is a reseller of digital and 3D cinema camera equipment to the movie theaters. As more theaters convert to digital and add 3D (remember Avatar in 3D) BTN is a winner.

DRWI, many folks believe that this company is overpriced because of Clearwires dominant revenue position. However, this company is not overpriced. DRWI is one of the few if only company that offers an extremely fast, reliable and affordable back haul microwave packet product for 3g, 4g, and LTE networks. I have been adding positions here in the 9's and look forward to 17-19 bucks a share. I also see Verizon jumping on board (Verizon will have a 4g phone next year).

EGO, typical gold play. EGO has the lowest cost of production of any gold miner.

ETEC, is a small IT consulting firm and earnings have been growing recently. I will continue to monitor and advise.

KTCC, wow! This company is turning itself around and should post about $1.40 a share this year in earnings. At 10x this is a $14 stock.

MILL, recently acquired about $300 million of proven reserves and $300 million in hard assets (buildings, etc) for about $4.5 million total. No brainer here. If the company was to sell these assets at discounted market prices, it puts a price of $12 a share on the stock.

PPCO, SMED, SCLX, SPCK, TELT, ZYNX are all companies that have had good earnings but have been choppy recently. I continue to buy and sell these stocks and keep a small core position. Any opportunity to take a profit of at least 5% should be taken.

Later,

It has been a long 30 days.

I am sorry for not posting the past 30 days. Something in my life was consuming all my energy and drive. I think I finally have it worked out. So here we go. I have bought some more stocks the past couple weeks such as Eldorado Gold (EGO), Dragon Wireless (DRWI), BDWRF. I have also started taking some profits on STEC. Remember I bought STEC at average cost of $13.25 and the stock has recently started climbing to $15.50. I can almost assume this is year end closing of short positions. Why you ask? Because there are people who most likely are long this stock and want to take losses for the year. Therefore the shorts have to bring the stock back in.

The new year brings with it many challenges. First is retail sales. I am almost willing to sell most of my portfolio before the 15th of January. I feel the January effect will be very short this year. My goal this year is to double my portfolio. Yes, I did say double. This will require me to pay more attention, take bigger positions, and trade more often.

Back from Vacation

Sorry, it was a long vacation in good old Southern California. Went to Disneyland, Sea World, Knott's Berry Farm and ate some great Mexican food at Old Towne Mexican Cafe in San Diego. The whole Dubai issue and asking creditors to wait on debt repayment is an issue; if you own a company that has heavily invested in Dubai. Most if not all the stocks I own do not do business in Dubai. Thanks to Southwest Airlines, Frontier Airlines, United Airlines, Enterprise Rent A Car and American Express for making the vacation great. I will update on stock trades later this week.

Playing Poker on PokerStars

I have been a little quiet this week about my stock portfolio. Honestly, some news was good and some news was not so good. There are still some earnings coming out on Monday; CEU and SCLX both report earnings on Monday. CAGC had a great number and I am looking putting in a sell limit order soon. RIMM had a nice move up as well and I will look at putting in some sell limit orders. SMED and STEC both had some terrible trading. Although, I am adding to average down my positions on both. Right now, I am concentrating on playing No-Limit Hold em on PokerStars.com. I love poker! I will update the stock portfolio and possible orders for the week on Sunday.

Stock action for week of Nov. 9

Of all the stocks in this portfolio, SCLX reports earnings this week. I believe the earnings will be good and the stock could move higher. I am going to attempt and buy some Caribou Coffee if it dips.

Sold Caribou

Just sold the last 1/2 of Caribou at 8.50. I am putting an order out to buy at 7.90 in case the stock tanks.