21
Jun

Wrap – Week Ended 06/19/09

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Comments for the wrap will be included in the Monday post. Last week was not my finest with the group pulling back substantially despite the commodities ability to remain aloft. I had scuds in three (HK) call positions and two EOG positions and the remaining June PXD calls went out worthless as well.   I continue to maintain a high cash position and expect that certain names in our most frequented list will see pre quarter operational updates that will act as catalysts.  Have a Happy Fathers Day!

One Response to “Wrap – Week Ended 06/19/09”

  1. 1
    choices Says:

    Some light weekend reading-this cannot be a good thing, Geithner having the tele number of Bill Gross on “speed dial.” Gross will make a ton of money on this but who is surprised.

    http://www.nytimes.com/2009/06/21/business/21gross.html?_r=1&hp

    (warning-long article-1st couple of pgs should capture the gist of the situation)

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