• XHTML Valid
  • CSS Valid
  • XML Feed
  • RSS Comments
  • Wordpress.Org
  • Powered by Technorati
  • Finance Blogs - Blog Top Sites
  • BlogBurst.com

Cutest Video Ever!

View my page on PickensPlan

Visit PickensPlan

Personal Archive

Me on CNBC Fast Money Optionmonster Largest Tweetup Ever Live NYC

Yes, at the last second, I took down a plane ticket and flew out to NYC on Jetblue’s redeye flight on Thursday night, landing in NYC Friday morning 4:45am for the CNBC Fast Money Optionmonster Largest Tweetup EVER! Why is it the largest tweetup ever you ask? Since we only had about 10 people? Because it’s the first Tweetup synchronized with a global cable show (CNBC’s Fast Money) at 5:00pm Eastern on 3/6/09.

Met a ton of my “twitter” trader friends at tweetup, including @TraderAlamo (Vincent Bagnato- My partner for FINZ.tv), @CoffeyGrinds (Andrew Coffey), @OptionMonster (Jon Najarian) @BullishBeauty (Carolyn Lloyd-Ferguson), @Barrieabalard, @ShaneDrozdowski, @Ferrari321 (Kevin Cheng), @theTrading (Dave Johnson), and @Millionare007 (John), @Alf2126 (Amanda) whose step-dad @jaycoje (Jason) called from Vegas for her to come down to Time Square and get him a Po-Baby (mortgage crash formula) Tshirt.


Lots more videos and tweetup stories as well as stuff from Invest Like a Monster conference on Saturday 3/7/09! so stay tuned here and on FINZ.tv!

Here’s the uncensored version of Largest Tweetup Ever video by @Coffeygrinds (Andrew Coffey)! Thanks Andrew! Love it!


Whew! Made it to 3rd week of FINZ.tv videos-Interviewing David Aferiat of Trade-Ideas.com at Macellera in Manhattan

After two crazy weeks, both in the markets and with me and Alamo trying to start up FINZ.tv, we’ve successfully kicked off the 3rd week of FINZ.tv! With ridiculous technology problems the first week when Vincent (@traderAlamo on twitter) tried to launch the show on his trip to Paris

then the cocky idea we could do 3 shows all last Sunday,

ETF in 60 UPDATE: Rewind the tape on SRS (ProShares Ultrashort Real Estate ETF) Trade

Multiplicity Ep.1: Whiffing Potash (POT) fertilizer for 10-mins, 30-mins, a whole day?

Trendlines Ep.1: Can China FXI (iShares FTSE/Xinhua China 25 Index) Hold the Line against Evil Nemesis FXP

we thought we’d slow it down and focus on making a clean, high quality video for the 3rd week.

Having done technical analysis shows for the first two weeks, we’re starting to branch out to different type of shows as was our original plan for a “network” for FINZ.tv. So here it is! The first interview held for FINZ.tv, with our guest David Aferiat (@tradeideas on twitter) of Trade-Ideas.com. Actually shot this last Sunday, February 22nd 2009, yes-the same Sunday we tried to put out 3 shows which we did, only 6 hours too late when all the traders on the East Coast were sleeping already. (for interview transcript and pictures, visit the episode page)

Please stop by FINZ.tv this week.  We filmed our first “special” this weekend out in the streets of New York and should have that video out Monday or Tuesday.  As always, we’ll continue putting out trading opportunity webisodes.  Did y’all see how dead on we were with our first few videos?  Not to mention our FINZ.tv POSSE Traders Journal doesn’t seem to have a miss trade yet!  Almost sounds cocky huh?  It’s not that. It’s more like…I’m amazed how professional and detailed our traders/bloggers are so even in this nuttiest of markets we still got a good handle on how to trade it.

Most importantly, we’ll be at the OptionMonster/Fast Money tweetup and event for Jon Najarian, Pete Najarian, and Guy Adami’s “Invest Like a Monster” seminar.  The tweetup is this Friday outside the NASDAQ market site in Times Square during the Fast Money broadcast at 5pm, so come out and join us if you can!  Contact Andrew Coffey (@coffeygrinds on Twitter) for tweetup info.  The seminar is Saturday.

“Trading a Life” – My Story (Part 1)

If you’ve read my bio, you’ll know I’ve been very sick the last few years, confined to my home, and learned to trade because of it.  When I heard James “Rev Shark” DePorre’s story of learning to trade after going deaf, losing his job, and his wife, I could relate (except the wife part).  But other than his hearing, I guess Rev’s health was ok.  Mine’s not.  Here’s my story.  I wrote this for a trader friend of mine.  However, it seemed fitting to post it here today, on my birthday, as I reflect on all that has transpired.

Why do we trade? There are as many reasons as there are traders, but the reasons are probably similar. Intrigue, gambling, occupation, and, for a few, because you’re actually great at it. In early 2006, a few months after college, I dipped my toe in the markets for sanity. I traded to escape reality. I traded to have a purpose. I traded so the people on CNBC could keep me company.

I was a complete market retard at first. Didn’t even know how to use Yahoo! Finance. True, in addition to engineering, I majored in mathematical economics, but I never cared much for finance. Only spent an hour per week on finance versus seventy or eighty on engineering. Being an engineer was my dream. Always loved figuring stuff out, having some vision in my mind, then seeing it come to life. Same reason graphic/web design was a hobby- I got to share my visions with others. But finance? Did it because I promised my dad I would.

So you ask, Jeff, why do you trade now? In short, life happened. I was born with asthma as well as severe skin and food allergies. I took a gamble on an immunosuppressant shot to deal with my allergies, hoping for a chance at a normal life. I wanted do what my friends were doing. Brand spanking new careers. Grad schools. Or just going out. But this shot nuked my life. My health, which had been sliding downhill since birth, simply fell off a cliff. My life and dreams went with it.

I looked like I had third degree burns or worse. Not a single clear patch of skin anywhere, only infections and leaking wounds that wouldn’t heal. My system was in chaos. Everything doctors tried made it worse, including the steroids I’d fall back on during emergencies such as this. Painkillers were off limits too. I was constantly itching and in pain. My mind also started to go. I didn’t know who I was, couldn’t comprehend much at times, and had trouble forming coherent speech. It might’ve been side effects from the shot, or simply a hysterical panic attack. I couldn’t cope with my new reality. I couldn’t see tomorrow. Little Orphan Annie stopped singing. Like P.O.W.’s, I felt “broken.” For two years, until a few months ago, I barely left my house, my room, and often had trouble just getting out of my chair.

One afternoon during these “early days” after “the shot,” I halted my channel surfing on CNBC to the screaming of Mad Money’s Jim Cramer. The show was packed with information and, for the first time in months, I didn’t feel brain-dead. At that moment, I became involved with the market. Doesn’t matter what people say about Cramer, even if every call he makes from now on is wrong, Cramer has my deepest gratitude for doing Mad Money that day.

I couldn’t have discovered the markets at a better time. Days get pretty long for someone without a job and can’t run the errands that fill up people’s days. Friends I’d chat with online had moved on with new lives. I woke up at odd hours while my parents were asleep, losing a bit more of my mind everyday as the loneliness set in. The markets gave me something to focus on, and it was accessible online. Like most beginners, I started on Yahoo! Finance. I signed up for way too many newsletters, forums, and even the Wall Street Journal. My dad had bits and pieces left from a portfolio he owned during the tech bubble. This was my starting capital.

I dove into it like every other naïve, innocent novice out there. Just because analysts and newsletters said Caterpillar’s stock was a buy, I believed them. I love the big yellow “CAT” dumptrucks. They were everywhere on National Geographic and Discovery shows! I sold the shattered pieces of MRV Communications my dad still had, and bought Caterpillar, all at once. Yes, everyone knows that’s a very bad idea, but I didn’t. I really didn’t know anything. Seemed ok at the time. The markets kept going up in spring of ’06. Easy! Sure helped my self-confidence and emotions. I thought, maybe I could make a living from my room! I saw other stocks, like Peru’s Southern Copper, go up everyday, much faster than my Caterpillar. China needed a lot of copper to build a city a day? It made sense. I bought the story and the stock. Again, bad idea. I know.

Focusing on the markets helped me get through the day. Any little thing that went my way was a big boost because everyday my health got worse. My body was simply overwhelmed by infections and allergies. I wasn’t handicapped, but my parents had to do everything for me, especially since I couldn’t touch water (hadn’t been able to for years). I was so weak my kneecaps would pop if I forgot to clench my muscles for even a moment. I hobbled to the bathroom or crawled there on my elbows. My skin was rotting, especially on the legs where I had the shots, and considered amputation. I was constantly on edge, uncertain of what I had to face tomorrow. Sometimes I wished I had cancer. At least I’d know what I had.

My sleep schedule was random. When I wake up or pass out was up to my body, not me. I was always exhausted, staying awake for only a few hours. I was mostly nocturnal. Daylight gave me migraines. The daytime heat irritated my rashes and often caused hot flashes.

Everyday I was woken up by pain, then cried out in pain while bandaging myself for the next hour. By the time I was done, my heart felt like it’d go into shock, and I’d collapse in front of the TV. I’d turn on CNBC, watching Squawk Box (3am here on the west coast) or a late replay of Mad Money. The anchors at CNBC were the only people I saw everyday and the only familiar voices I’d hear. They became my “friends”: Joe’s unique sense of humor; Mark’s quirky attitude; Erin’s engaging interviews; Dylan’s intuitive explanations. I even watched WorldWide Exchange from 1-3am. Yes, Ross Westgate in London, someone in California knows who you are!

These wonderful people kept me sane, and I dreaded the weekends when they were off air. When they were, I’d do research mostly by listening than web browsing. My eyelids hurt, and so did my bandaged fingers. I played Jim Cramer’s “Real Money” radio show (which he was still doing at the time) on weekdays, and conference call after conference call on weekends. Boring? No kidding! But I didn’t hurt as much when I had voices to focus on.

The good times making money on Southern Copper lasted for all of two weeks. The markets, especially metals like copper, went down hard in Summer ’06. My plan of buying, holding, making money, and living off of my “investments” suddenly sucked big time. The portfolio was worth less everyday. I couldn’t understand why. The “work” I did for months seemed worthless. (I realize now it’s just part of the job.) I was frustrated I couldn’t talk to the people on CNBC, or anyone, about this. I was angry I couldn’t be up while the markets were open, often thinking “if only…” Even when I was awake, I’d forget what I was doing. As I said, my mind wasn’t always there. This stress wasn’t healthy and I got even sicker. I couldn’t take it anymore. I sold Southern Copper and others I’d lost the most on…at the bottom. By the end of the year, Southern Copper had nearly doubled from where I sold it.

Everyone’s been there. Bought at the top, sold at the bottom, lost money, only to watch it go back up and laugh in your face. I felt worse because it was “my dad’s money.” Like everyone else, I wanted to give up, but I had something going for me. Something more painful than losing money: my reality. I needed the markets to focus on.

My mom said to consider the loss as tuition paid. I had learned a lot. I learned not to get emotionally married to any stock. I learned to sell, to think for myself, and to get back in.

It was impossible to watch the markets all day, even though I was always home. I worked around my unpredictable hours, taking a longer term “investing” view. I bought stocks I wouldn’t be afraid and confused about if they went down while I slept. Going along with my nocturnal hours, I caught up on news in the peace and quiet of the night, away from the market frenzy during the day. I even thought of myself as a “Night Trader,” the slow, languid counterpart of hyperactive “Day Traders.” I still bought and sold when I felt necessary, doing this early in the morning if I could. When there were economic or company announcements, I tried to get up for them. Then I’d pass out again.

Finally by the fall, my health stopped getting worse thanks to help from QiGong (Chinese internal energy exercises). Things weren’t rosy, but they weren’t in freefall anymore. That’s enough sometimes. My health improved a bit, then deteriorated some, but the worst was behind me. My portfolio made up some lost ground too, ending down slightly for 2006. Not bad for my first year, all things considered.


Videos Tracking My Health Developments

Skin Biopsy & Allergy Test Results are Back

Skin Biopsy & Food Allergy Blood Test Results from 9/10/08 trip to University of Utah Medical Center

Biopsy: Ok, as expected.
dermatitis w/eosinophil
thickening of skin, inflammation
no evidence of underlying tumor of lymphnodes

IgE: 20,111

Food Allergy Tests using blood samples
BAD if > 0.1 ml

Apple: 34.1
Beef: 3.6
Broc: 15.6
Chicken: 14.4
Cabbage: 21.6
carrot: 20.6
Lettuce: 9.8
Milk: 48.8
Peach: 39.4
Rice: 24.2
shrimp: > 100

Utah Medical Trip Update – 9.8.08

PICTURES FROM FIRST VISIT IN JUNE ’08 (vs. this video of 3rd visit)

Condition of Neck and Shoulders while on Steroids

Condition of my Back on 7/18/08

condition of Left Leg on 7/16/08

Utah Medical Trip Update – 9.8.08

Jeffrey Lin’s 3rd trip to the University of Utah Medical Center

TRANSCRIPT (for the hearing impaired):
Hey everyone, this is Jeffrey Lin coming to you on location from the University of Utah guest house.  How about that view of Salt Lake City in the background huh?!?  Can’t help but feel good with scenery like that!

Today’s Wednesday September 9th, 2008.  I’ve been here for 2 days- flew into Salt Lake Monday morning.  This video is just to update everyone who loves me about this 3rd trip to the University of Utah medical center. Read the rest of this entry »

My Alma Mater Harvey Mudd College Continues to Outperform!

Looks like the new kids are doing a good job of holding down the old fort! Now let’s keep it that way.

HMC Named Leader in Ph.D Production

“Jul 22, 2008 – Claremont, Calif. – A new report by the National Science Foundation (NSF) lists Harvey Mudd College (HMC) as the leader among private baccalaureate colleges in the U.S. in the percentage of graduates who go on to earn Ph.D. degrees in science and engineering.

The report, issued by the Division of Science Resources Statistics, traces the baccalaureate degree origins of science and engineering (S&E) doctorate recipients from 1997 to 2006 and ranks them by doctorate recipients per hundred. California Institute of Technology, classified by the Carnegie Foundation as a doctorate-granting institution with high research activity, was ranked first with 35.2 doctorate recipients per hundred bachelor’s degrees awarded nine years earlier. HMC, classified as a baccalaureate institution because it grants only a bachelor of science degree, was ranked second at 24.9; Massachusetts Institute of Technology (doctorate granting, high research) was third at 16.6; and Reed College (baccalaureate) was fourth at 16.6.” full article >>

Princeton Review Names HMC One of “The Best 368 Colleges”

“Jul 30, 2008 – Claremont, Calif. – Harvey Mudd College (HMC) is one of the nation’s best institutions for undergraduate education, according to The Princeton Review.

The New York-based education services company features the college in the 2009 edition of its annual guidebook, “The Best 368 Colleges.”

Only about 15 percent of America’s 2,500 four-year colleges and two Canadian colleges appear in the book, which offers two-page profiles of each school and student survey-based ranking lists of top 20 colleges in more than 60 categories. ” full article >>

FlyboysFund Website Charity Donation for 2007

As promised, I’ve donated all of the revenues I earned last year from this site though Google Adsense. Thanks to the visitors in 2007, I earned $103.99 from the Google ads on this site.

Google Adsense 2007 Payment

Tonight, I donated that $103.99 to March of Dimes.

March of Dimes 2007 FlyboysFund Website Donation

Thanks to all the visitors and supporters of this site.  I know seeing the ads sometimes gets annoying, but I hope knowing that I do put the income from the ads to good use makes them more bearable!  I post to this blog more for myself and keeping my trading thoughts straight, so it wouldn’t be right if I kept any of the money.

However I’m glad some of you have found these posts even remotely helpful to your trading/investing.  Yes, I’d admit half the time I’m not sure if I’m saying the right thing.  Then again, if you’ve got a 50% success rate in this business you’re considered pretty good. As we push on through this recession and this bear market, I hope all this will be a great learning opportunity to become that better of an investor/trader when the bull market does return. I know I’ve learned more in the first quarter than ever.

I will be launching a site I’m making for fun to gather online resources for doing homework on our stocks.  I have registered the name SuckingLess.com for this purpose, so keep an eye out for when I put that up and I hope you’ll all contribute something and help everyone do homework better and faster!  Why call it SuckingLess.com?  Like I said, a 50% success rate in this business is considered pretty good, but that still means half the time we suck!  So, the plan is, if we can help each other do better homework, and suck less, we can make more bling.  Until then, bling bling, and take a look at March of Dimes and make a donation if you can. If you already have a favorite charity, please write in and let me know where to donate my 2008 website earnings!

March of Dimes Mission Statement

“Our mission is to improve the health of babies by preventing birth defects, premature birth, and infant mortality. We carry out this mission through research, community services, education and advocacy to save babies’ lives. March of Dimes researchers, volunteers, educators, outreach workers and advocates work together to give all babies a fighting chance against the threats to their health: prematurity, birth defects, low birthweight.”


Julia Won! She Won!

Ain’t nothing to it! I lost my voice screaming anyway, but it didn’t measure up to little Kaya’s “Julia!” “Julia!” Official and candid photos will be up on Julia’s site soon! It was a great trip before she won, now it’s just undescribeably fantastic. Thanks Jules for letting us be such a big part of this whole weekend. Your whole family and everyone we met in Utah is just amazing.

The Julia Trip is Here!

Utah ’till Monday!  Going to the Miss Utah USA pageant to fan Julia‘s flame! (and fame!)…hang out with Julia, her family, and Diana!  Best weekend ever?  It will be!  The most anticipated event of the year is here.  And no, it’s not because that rhymed.

JuliaBachison.com Debut! – New Project by Julia Bachison and Jeffrey Lin

JuliaBachison.com preview thumbnail

Last month, Julia and I began working on a website for her: JuliaBachison.com. Among other things, you’ll find a portfolio of things Julia’s done, from pictures of her Miss Utah tour to TV she’s doing right now. You’ll also find updates on her various projects as well as get to know her on her blog. JuliaBachison.com. Please go, get to know Julia, and leave some comments to show some love! This is also my first big website project (that I completed!) so we’ll definitely look forward to your comments on improvements and stuff we can add. I hope you’ll bookmark Julia’s site and show as much interest for her site as you have for mine.

**I know this is another off-topic post, but this is an important post for me, Jeffrey…and I hope (at least some of you) would like to know more about me than just the stocks I write about. If you only care about my stock thoughts, then you should know working on JuliaBachison.com is why I haven’t been writing much here! And yes, Julia is a big part of the motivation and inspiration for my successful trading and analysis this year, so there’s nothing for you to complain about!**