Bill Rempel, a.k.a. NO DooDahs!

Trading, Investing, Politics, Whatever

Entries for July, 2008

I’m Eighteen and Want to Day Trade for a Living

I recently responded to an email that asked my opinion about their situation; eighteen years old, not enthused about college, with a small starting stake (low five figures), and a desire to day trade their way to financial freedom. Since there are probably others in a similar situation, I have shamelessly reworked that response […]

Jul 2008 Returns

These are my personal trading returns as of month-end July 2008.
Current Month Return: 3.3%
Year To Date Return: -1.3%
3 Month Return: -2.5%
6 Month Return: 2.5%
12 Month Return: 8.7%
24 Month Return: 15.3%
24 Month Annualized Return: 7.4%
36 Month Return: 46.8%
36 Month Annualized Return: 13.6%
Since Inception Return: 50.2%
Since Inception, […]

Two Comments On “Gun Rights”

I’m not active in that market, anymore, but every once in a while I pick up a few of the gun rags and check out what’s happening, what trends are afoot, etc. It’s nice to drool over the pictures, clip the ads (and check out the new sites), read the reviews, etc. Unfortunately […]

Divergences

Blue lines are at the January ‘08 lows. Green lines are price action off the July ‘08 lows. If this is the end of the world and a replay of the great depression, why did tech and small caps hold their lows, and why are those small caps - so vulnerable to a […]

New Sites On The Links Page

I added a few new quality sites to my links page; they are interrelated:
The Beacon is the excellent blog for The Independent Institute, whose mission is to transcend the all-too-common politicization and superficiality of public policy research and debate, redefine the debate over public issues, and foster new and effective directions for government reform.
The Independent […]