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Energy and Oil: Summary for the Week of June16- 20
By: Zman   Sunday, June 22, 2008 3:38 PM

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I'm off to Honduras in the morning and will be out all of next week. I will not respond to emails and there will be no new posts for the site after this one until Monday, June 30. If you're reading this free weekend wrap post and have not subscribed by now why not wait until I have something new to say. If you just can't wait to get access to the site please know that while PayPal subscriptions are automated, Google Checkout subscriptions require activation by me and I will get to that July 1.   

Subscribers Say The Nicest Things Watch: These were some of my favorites this week. 

"Zman - HK June 40s in at .75 out at 1.20. First Ztrade and enough to re-up for a year. I have learned more about short term interactions in the past 1/2 month as a subscriber than in a year of haphazard independent study. While i’ll never post another trade, i hope to contribute to the discussion in the future though my ocupation is far from the oil/gas patch." ~Italyinvestor

"italy he has been so good for 6 months its unbelieveable. i rarely trade options like he does, but often trade the underlying stock and option spreads, and while i have made an astounding amount of money the option boys have made that much more. he also has a real reason for the stocks he buys. am one happy subscriber!!! (plus i now know about horizontal drilling, oil shales , and a lot more!)" ~ KA

"My finance and I thank you all for our new Harley Softtail Custom" ~ JR

 

Holdings Watch:  Look ma, no Scuds! We usually have 3 to 5 complete losses or scuds in the portfolio each month. Despite a last minute valiant effort to create one via an ill-conceived (CHK) day trade I'm happy to say I failed. Here are the Trades Closed And/Or Expired To Date In June: 

closed-062008aaa.jpg

Asset Balance at Day's End:

  • Cash: 59%
  • Equities: 24%
  • Equity Options: 17% 

On To The Wrap… 

wrap-062008.jpg


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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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