BluelightNewsletter

Disclaimer: My personnal opinion is for your entertainment only & should not be used as advice on your decision. I may sell or buy (to cover) my holding according to the market movement. I am not a licensed financial advisor. Please always do your own DD. Set protective stops & not be too greedy. You are responsible for your own decision. I wish you good luck trading. -Blue

Saturday, June 14, 2008

Short:FED PACW MTH Long: IPI POT MOS

  1. FED, once dropped to 9.12 on Jun 11, called(Shortible FED@13.3, Target later -Jun10)//Once down -31.5% within 2 trading days //covered
  2. PACW, dropped to 17.18 on Jun 13& now 17.79(-3.58%), called(Shorted PACW@19.1 Target: 18.9, 18 stop: 20 //low volume, so better short small amount -Jun11)//Once down -10.1% within 3 trading days //Covered
  3. MTH, once dropped to 14.84 on Jun 13, called(Shorted MTH@15.92 Target:15.5, 13.8, 13 stop: 17.4 -Jun11)//Once down -6.8% within 3 trading days//covered
  4. IPI, reached 61.37 on Jun 11, now 60(+3.72%), called(Bot IPI@45.5, Target:46.25, 47.3, 48.1 stop:44 //ER on June 2 -May28) )//Once up +35% within 11 trading days.
  5. POT, set new high 229.21 on Jun 11, now 226.13(+1.59%), called(POT & MOS looking bullish for near/term, selling target @MA10 -May28) //once up about $31+, or +15.8% within 11 trading days
  6. MOS, set new high 153.86 on Jun 13, now 153.31(+3.95%), called(POT & MOS looking bullish for near/term, selling target @MA10 -May28) //once up about $33+, or +28.2% within 13 trading days