Wednesday, April 11, 2012

Reduced Risk

Still long, but cut down exposure today to add more on another dip towards recent lows.  I am still very constructive in this market, but the snapback rally will happen later than I originally expected, probably 1-2 weeks away. 
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2 comments:

Anonymous said...

DAWG,

I cleaned house today.

I used to be called PO DAWG.

Now I am back to OL DAWG.

I had 5000 shares of YRCW at 4.80 from yesterday and sold it 1 dollar higher like a chicken.

Cleaned up on my other longs like JVA and HUSA.

I am like itching to squeeze the trigger on BOIL. But I think this is going to go to 6 and NATGAS to 1.80

I think we are gonna run to 1380 to 1385 on the spx NOW.

4/11/2012 03:41:00 PM
Anonymous said...

NICE CALL BY THE WAY.

ALWAYS SHOW THESE PENCIL NECK DETRACTOR AMATEURS KNOW-IT ALLS WHO COMMENT WHAT'S UP.

HOPE THEY GOT CAUGHT IN THE SQUEEZE.

YOU CAN'T MARGINALIZE ALMOST 15 YEARS OF TRADING EXPERIENCE.

4/11/2012 03:42:00 PM

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