Here are a couple of shorts from this week's list that are looking pretty god now, I'll be back with more later.
FRZ
ELGX
Both short-here and now seems to be fine. Read the notes with the stops attached in this week's Spreadsheet.
Wednesday, March 10, 2010
Back to Patience
**For whatever reason, this did not get posted last night
Last week I posted several shorts, you'll want to take a look at those. Any of the long trades from this week can be held with the stops in place assuming you did not treat them as anything other then speculative positions, a few more should pop, but I feel we will see a reversal very soon. We want to wait for confirmation so as I occasionally post, right now is the time to use the one edge you have over Wall Street, patience.
If we get it tomorrow, I'll post an intraday update with the trades that are best positioned for the move.
Last week I posted several shorts, you'll want to take a look at those. Any of the long trades from this week can be held with the stops in place assuming you did not treat them as anything other then speculative positions, a few more should pop, but I feel we will see a reversal very soon. We want to wait for confirmation so as I occasionally post, right now is the time to use the one edge you have over Wall Street, patience.
If we get it tomorrow, I'll post an intraday update with the trades that are best positioned for the move.
