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Recently Closed Positions:
Current MAPY: 0%
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Day Play:
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3-Day Play:
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Longer:
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Commentary:
Still waiting out this bump. Indecisive movement suggests that we're going to see more lows. That's how we're calling it for now. So we're continuing to yank our profits out and dry up the powder.
We did snap up POT yesterday. We think it'll easily get to $95 if the market even thinks about moving upward. Looking for an exit around $95 for half the position and will likely hold the other half. Some folks seem to be reading the headlines and skipping the articles on this stock.
We are studying our position in RJA. There are some interesting, if not confusing, issues behind this ETN. We are guessing, but it seems likely that it could make a sharp jump after this audit they are going through. We may split our position on that fund as well. This was an inflation hedge but our ETFs have proved safer.
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Daily or Weekly BS!
British Government trading criminals for oil. Now that's hypocrisy ain't it? In case you don't know it is widely believed in the UK that the US killed Hussein for oil. The US kills a criminal and they free one? Has anyone seen any of that free Iraqi oil that we are supposedly taking?
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