Tuesday, February 3, 2009

No mans land

We remain in no mans land acrossed the indexes. Difficult to short, difficult to long.

XLF turned weak today and I think it is headed for at least a retest of lows.

What do I like from the long side even though?

UNG
UCO, DXO, USO
ENER
VMI (with caution) I sold out but the strength today makes me think it will run at that gap near
$46. Use a $40.98 stop.

1 comment:

  1. AnonymousFebruary 5, 2009 at 1:47 AM

    GENZ, shorting GENZ at 74 / 75 --here's the chart and option strike details http://zstock7.com/?p=509 + Bonus IBB short numbers

    ReplyDelete

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