Archive for May, 2006

Friday, May 19th, 2006

Kramer on Expedia

Last night, Cramer had this to say about Expedia, “That one is a total train wreck that will never be revived.”  Having watched Cramer’s “performance” over the past year, I now feel more confident than ever that this will bounce back relatively sooner than later.  Only time will tell but I’m recording this for posterity […]

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Wednesday, May 17th, 2006

Inflation on a rampage

Ouch!  According to Bloomberg, inflation grew 0.6% in April which was preceded by a 0.4% increase in March.  If we “average” these two amounts and annualize it, then inflation is growing at roughly 6% – Yikes!  I suspected the Fed would raise rates again in June by another quarter point but I now they may […]

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Tuesday, May 16th, 2006


Looks like Expedia (EXPE) finally stabilized around $14.60. I still have 19 calls contract out which I sold for $0.95 and are now trading for $0.05 and expire this Friday. While I’m tempted to buy them back and close out my short position, I see no need to do that just now. I’ll hold on […]

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Friday, May 12th, 2006

Expedia (EXPE) – Saga Continued

Well Expedia (EXPE) dropped a whopping 27% today. Life in the fast lane sometimes leaves roadkill…. I still own the stock and haven’t purchased back the 19 call contracts yet. I’m riding this one out and I’ll hold onto the stock come rain or shine. I suspect that the unusually trading activity on this stock […]

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Thursday, May 11th, 2006

Expedia (EXPE)

This morning I picked up 1900 shares of Expedia (EXPE) at $19.75 and as I write this post it has dropped to $19.35 but I’m not concerned. I researched this little gem last night and I am fairly bullish on this stock. My original intent in purchasing this morning was to sell the May 06 […]

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Wednesday, May 10th, 2006

Fed Raises Rates

Nothing unexpected today in the fed’s rate hike although it is interesting to note that gold closed up +$3.40 to $709.10 and oil closed up +$0.25 to $72.38. The USD is also at a low against the Euro at 1.2736 so none of these things bode positively for US equities. I’m researching some potential money […]

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Thursday, May 4th, 2006

Educational Resources

I won’t make any money trades until after the May 10th FOMC meeting or if a great opportunity rises suddenly so in the meantime, I’d like to point out some educational resources that have helped me over the year. The most important aspect of these resources (with the exception of one) is that they are […]

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Tuesday, May 2nd, 2006

Inaugural Post

Hello World! This is an inaugural post- the day is May 2, 2006. I created this website in an effort to entertain and educate the sea of investors out there who thirst for a different perspective on investing and those who seek better insight into the financial world beyond the “Finance 101” blogs out there. […]

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