Robert Weinstein Trading Blog

Sure wish there was a way to short Venezuela (and I been saying this for a year)

Unless Chavez takes a total 180 from his wealth destroying ideas they are headed for a long hard road….

I expect this to be one of many robberies by the government until there is nothing left for the left…..

http://www.bloomberg.com/apps/news?…DuXw&refer=home

By Daniel Cancel

Feb. 28 (Bloomberg) — Venezuelan President Hugo Chavez ordered the National Guard to take control of rice-processing companies after he said they refused to properly supply the market.

Chavez made his comments today on state television.

To contact the reporter on this story: Daniel Cancel in Caracas at dcancel@bloomberg.net.

It was kinda a mixed day today. After yesterday’s losses I was able to close out a modest gain.

Today started out busy and after the first initial hour really slowed down. I was able to get a few nice trades today.

LKQX H, 6B, + 858. while I expected to get more from this, I closed out at the end so that it wasn’t carried over.

LEAP H, 6b warning, + 244

HANS discretionary, + 516

DISCA discretionary, + 24

BCSI H, GU, + 84 (Carrying most over the weekend)

+ 1728 day

- 408 Week

+ 39117 Month

+ 57646 Year

Tough day today as I took my first losing day of the year.

So I worked on getting a chat going most of the night and then woke up to find that I will be taking my son to my office as he is sick.

I get to the office and I set him up to lay down and try to tell as many as I could about the chat. In the mean time I am trying to develop todays watch list. So needless to say I was very busy at the opening today.

So if i wanted to I could blame all these things as I miscalculated my entry and levels into AFL. But that would be wrong. I did not lose because of those things. I lost because I didn�t step back and say to myself �I should not take a trade in a rush and not in ideal conditions.�

I did have some good trades and in the end I only gave back about the last four days worth of gains.

On a good note the watch list stocks performed well. I would also like to thank everyone that came into the chat room. Was a LOT more busy then expected. So thank you.

AFL – 13896

OCR + 952

NDAQ + 427

UBS + 17

FLS + 176

FCX + 116

- 12205 Day

-2136 Week

+ 37389 Month

I spent a lot of time working on the setup of my chat service.  It should be up and running within a week.

Read the rest…

DISCA *

CF

I ended up making one last trade in the ETF  FAZ

Read the rest…

Economist Warns Switzerland Could Go Broke
Read the rest…

Pretty much an uneventful day.  I was able to make a few trades and they turned out good.

Read the rest…

Back from the trading expo and I would like to say that I am all rested up and ready to go today but indeed I can not.

Read the rest…

CECO

MYL