Those are the facts and they are also going to continue holding that cash through the summer. Be prepared for sideways action for sometime to come.
I'm short POT
long DUG
long KONG
long SMN
My stop in POT is $204.10. It is having a lot of trouble trying to clear $200. I'd like to see $170 on the next leg down. I think oil will pull back, hopefully this week. KONG is an earnings play and a long play on the weekly indicators. SMN is a technical overnight play.
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Lots of cash on hand.
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