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I went ahead and covered my WIRE.... Took the 8.5%+ off the table.... I'll keep stalking.
Seems that I'm a little too quick to cover these short positions here.... Hard to time things perfectly I guess.... I should have shorted WIRE again yesterday morning but I didn't.... Maybe later today.
I also like ESLR, ENER, DSTI, STP as potential short sells....
AND.... I'm adding to my AKS short position more right now....
I covered my "featured" BWNG short @$9.90 this morning for a 20%+ profit....jejeje
Good play... no, great play! 20% is HUGE
there is a lot of short covering today in the overall market... well, at least that's what I get out of the morning blip in the indices (and also what I'm hoping for)
Lye,
I hope you've got the Gehl Oil Sands Ex-tractor fired up and ready to go with all the modifications. Report from Motley Fool says that Canada is gearing up to become world's #3 producer behind only Russia and Saudi Arabia. Between
now and 2015 oil sands will increase production by 3 million barrels per day. Companies ready to go are SU and ECA with CNQ not far behind. You can pick me up on the way, we'll cross into Canada at the Ambassador Bridge in Detroit about 1 1/2 hours from here. I'm sure your cab will be air conditioned and have adequate supplies of Goji , music , and meat. Hope it's not too wide to travel on normal interstate highways.
Thanks Ski but I lost my WIRE profit (on paper) as AKS and BWNG rallied at the end of the day.... I still say they are all moving lower over the next few weeks though.
I'm waiting for the false rally, before I short WIRE.
Great play on WIRE and AKS Lye. Glad you took that much off the table before the EOD.
Thanks Ski but I lost my WIRE profit (on paper) as AKS and BWNG rallied at the end of the day.... I still say they are all moving lower over the next few weeks though.
I would be keeping a real close rein on it (WAVE) Lye. The weekly is showing a channel long signal and that may be one of Spike's "c" waves with an impulse spike up coming next. It has given back alot of late and when it does turn it will be with a vengenance.
I think Spike's "fuzzy C" get's trumped by market fear and heavy selling here Skiracer....
Nope, I shorted a little lower than that... Was not a daytrade Webs.... My target is about $23....
I would be keeping a real close rein on it Lye. The weekly is showing a channel long signal and that may be one of Spike's "c" waves with an impulse spike up coming next. It has given back alot of late and when it does turn it will be with a vengenance.
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