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Recently Closed Positions:
Current MPY: +6.6%
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Day Play:
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3-Day Play:
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Longer:
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Commentary:
We closed our first position on
SIRI for nearly 10%
which is more than enough for us. We have
revised our position to hold on CROX, it
flat lined all day yesterday on average volume which puts strong support at our purchase price.
We also need to be careful with our stop.
Having posted nothing but green this month
makes us hesitant to jump, but we will if
we must.
We still haven't found
an entry point for NBG! We still are not comfortable
with the overall volatility of the DOW.
It closed green against our expectations but
of course we believe tomorrow will be a bad
day. Too much is being made of a few
dollar decline in crude prices.
Speaking of crude DBC is still on our watch list. DBA was up despite the DOW which has us very confident but it did suffer low volume.
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Daily or Weekly BS!
This is broken record week. Not like world records, but like repeating ourselves over and over. Oil is only going to drop so far. The DOW runs too far up on too little news.
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