8/17/2008 1:38:44 PM
Hello Everybody
To learn more about my Fat Pitch ETF Advisory, please click here.
Trade Actions:
We will add 2 positions to this account. Remember this is a 10-position account. If we get filled on both, we will still be 40% in cash. Buy PXN Nanotech @ 14 or better. Also Buy HHJ Emerging Cancer @ the market.
Market Outlook/Potential Opportunities:
The stock market is trying to extend it's gains. It should go on for another couple of weeks. The inflation hedges are under pressure. I probably should have closed out the inflation hedges, but we will hang in there for now. Gold, Nuclear and Biofuel were intended to be long term holds. Still we need to put in some stops in case this change in direction gets worse.
Current Long Portfolio:
Long CGW Global Water @ 25.55 | It closed at 23.60 | Stop at 22 |
Long GLD ( Street TRACKS Gold ) at 90 | It closed at 77.63 | Stop at 73 |
Long NLR Nuclear Energy @ 32.59 | It closed at 27.45 | Stop at 25 |
Long FUE Elements BioFuel @ 10.0 | It closed at 9.33 | Stop at 9 |
Current Short Portfolio:
None
Recently Closed Positions:
None
Thanks
If you want to contact me, e mail me bill@stockbarometer.com.
