Are you watching the discussion of GE on pompom TV, especially now with the brokerage downgrades. I wish them luck as the chart, not me, says they will need plenty of it!
I mentioned in a post yesterday I would like to add to my SRS position on an IYR rally. Well, we have one happening today and I will take advantage of the rally to get shorter the IYR via the Ultrashort Real Estate ticker SRS. I am adding a 3rd unit here at $89.10
I am still watching.....
Brinker (ticker EAT) for a break below $19 to get shorter.
Kinross Gold (ticker KGC) for a break above $19 to get longer.
I was stopped out of 2 units short on Goldman. 1 unit stopped at $180.80 and another at $184.50. for a gain of $10.75 and $7 respectively. No telling how far the thugs may want to gun this up before they crush the Goldman lovebirds again !
Good speculating to you all.
Long 6 units Currencyshares Japanese Yen ticker FXY @ $88.55 stop at $91.40
Long 3 units Ultrashort Dow DXD@ $50.12 stops at DIA $130.26/127.34/126.42
Long 2 units Ultrashort Financials SKF @ $103.90 stops at XLF $26.72/25.54
Long 1 unit Currencyshares Swiss Franc ticker FXF @ $96.25 stop at $93.82
Long 3 units Ultrashort ReEstate ticker SRS @ $88.95 stops at IYR $71.14/70.21/68.36
Long 1 unit US Gasoline Fund ticker UGA @ $60.35 stop at $60.92
Long 1 unit US Heating Oil Fund ticker UHN @ $58.00 stop at $60.87
Long 1 unit Ultrashort QQQ ticker QID @ $37.05 stop at QQQQ $49.56
Long 1 unit Ultrashort S&P ticker SDS @ $57.20 stop at SPY $141.54
Long 2 units Frontier Oil ticker FTO @ $26.25 stop at $26.36
Long 1 unit Hecla Mining ticker HL @ $8.30 stop at $7.16
Long 1 unit Kinross Gold ticker KGC @ $18.70 stop at $17.56
Short 1 units Daimler AG ticker DAI @ $86.20 stop at $71.62
Short 1 unit Brinker Int'al ticker EAT @ $21.25 stop at $22.44
Short 2 units Darden ticker DRI @ $36.35 stops at $35.36/33.54
Short 2 units Lehman ticker LEH @ $43.70 stop at $28.32
Short 2 units Deutsche Bank ticker DB @ $117.03 stops at $105.26/99.32
Short 1 unit of Visa ticker V @ $86.25 stop at $85.36
Short 2 units HSBC ticker HBC @ $83.23 stops at $83.52/81.36
Short 1 unit of Netflix ticker NFLX @ $31.10 stop at $34.64