6/22/2008 8:25:07 PM
Great move back up in COW. We got back in at 44 and it promptly jump up to 45.75
We are also loaded up for PAL to move.
Hello Everyone
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Trade Actions:
No Trades This Week
If you are not loaded up on PAL yet, I would suggest you do so now. There still might be some backing and filling, but all systems are a go for an up move.
Market Outlook/Potential Opportunities:
The US Stock Market is in its down leg. It did not give us a good rally to sell into. We do have a couple of Short positions, so we are sitting pretty well. Plus we have a few inflation hedges on. We will stay the course for now. There might be some backing and filling to the upside, but I believe the Stock Market is in trouble. Still there are pockets of strength, We are long FBT Biotech and I believe it will be a survivor in this environment. We also are trying to set up more Short positions. We did get a decent entry on the Ultrashort SRS and we doing real well on it. We are also short REM, so we have ( 2 ) short Real Estate positions on.
We just got back into COW and it exploded to the upside.
The Futures on PAL is starting to run. Soon the ETF will also
Current Long Portfolio:
Long CGW Global Water @ 25.55 | It closed at 23.90 | No Stop |
Long ( 4 ) PAL Palladium Fund @ 5.97 | It closed at 5.46 | No Stop |
Long SRS Ultrashort Real Estate @ 84.80 | It closed at 96.19 | No Stop |
Long NLR Nuclear Energy @ 32.59 | It closed at 32.87 | No Stop |
Long FUE Elements BioFuel @ 10.0 | It closed at 11.42 | No Stop |
Long FBT Biotech @ 23.2 | It closed at 23.14 | No Stop |
Bought COW Livestock @ 44 | It closed at 45.71 | No Stop |
Current Short Portfolio:
REM Mortgage Real Estate Investments Trust @25.2 It closed at 23.04 No Stop
Recently Closed Positions
Thank You
