Crude and More

Buying the April contract. Inventories are high, but refinery maintenance is drawing closer. Unrest in Nigeria, Iraq. Problems in Iran etc. Also this time of the year usually mark the low in Crude. Rolling over the silver futures to May expiration. Might sell some more GOOG puts, especially if the stock is lower in US trading.

Market

The high inventory numbers led to the steep decline in crude prices. At $58 and change, it would have been a great buy. The metals followed the crude down, are now back on a unrealized profit in the silver futures. The energy inventories could be needed in March, as some refineries are scheduled to shut down. The market seems to be back in a bullish commodities mode, and buy opportunities could emerge in a temporary dip. Picked up a few PARE today as the stock have been an under performer lately. In other news, the Barron's article provided a great buying opportunity in Google.

In Good Company

Victor is long GOOG, see http://dailyspeculations.com/

Option Trade

When stock crashes, the volatility often rises, hence it makes a lot of sense to sell puts if you still stick to its fundamentals that is. Sold March 350 puts on GOOG. Got about $18 per contract.

Bull Market

Buying some silver futures very carefully.

Rounding up a Position

Buying some TYKS, as the stock is down today due to the Syria connection.

A New Name

Buying some Tripep as results are due late March from their Phase I study. Also increasing in VOST and bidding for some more PARE.

Healthy Market

Adding to PARE and TYKS position as the market is correcting today and these two were smaller than the others in the portfolio. Hopefully we'll get another day of correction tomorrow, will add more then.