Clear Trades

After realizing lots of losses, this is my hope for salvation. At 2.01 per share this just looks too cheap too me and I think we are closer to getting good news in the Financial sector than we are more bad news.

This purchase gives me a total of 2,350 shares of UYG at an average price per share of 2.30.

Buy, UYG

Cutting more losers…I was completely wrong when I bought this one. I paid 6.57 per share.

Realized a loss of -$177.51, for a return of -17.89%.

BCS, Losses, Sell

Another dumb buy, taking my losses on this one before it gets worse. I bought my 200 shares at an average price of 10.99 per share.

Realized a loss of -$372.02, for a return of -16.87%.

GE, Losses, Sell

Cutting more losses here. I bought my 200 shares at an average price of 21.35.

Realized a loss of -$554.03, for a return of -12.94%.

Losses, Sell, SSO

I finally took my losses on this one and let it go. I should have cut the cord much sooner, but I kept hanging on.

I bought 250 shares of AA (Alcoa) on Feb 2, 2008 at 7.8775 per share. I’m sure I could hold this for a while and see a better recovery—obviously I’m not a fan of selling at what may very well prove to be the market bottom, but I wanted to buy UYG instead and I expect to see enough gains with that to make up for this loss.

Realized a loss of $470.90, for a return of -23.83%.

Update: On February 25th, I received a dividend of $42.50 for my Alcoa shares. This changes my loss on the stock to $428.40, for a return of -21.68%.

AA, Losses, Sell