Wednesday, September 23, 2009

HUMP DAY ANTICS

Watta difference a day makes....my LCC trade hit a bump last nite with AH stock offering......hehe......expected move by a desperate industry...but don't puke your shares up if you are playing it. This changes none of my prior thoughts on LCC...watch for the squeeze after the shares are distributed.......

YRCW.....oh boy hope you owned that one this morning......that was a nice scalp trade. Miners pulling back as we wait for dollar strengthening....may still be a few days away. NVAX moving down......see if it hits support. These are very news driven.

I like UNG holding here but time will tell if we are in our seasonal uptrend. DSCO still not moving and yes it is a POS....but I love its product ........hate the company and prior CEO. News in a few days will tell......be careful with this nasty boy....

Chop chop as usual ........no change in our forecast......look for squeezes.....gl

7 comments:

  1. My stop order got taken out when the Fed made their announcement.

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  2. Like that squeeze there?

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  3. wow now that was a fkn squeeeeeeze ........same thing coming for lcc

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  4. For the next stupid S&P yo-yo tricks, we will be "walking the dog".

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  5. My market timing is terrible, ran out of popcorn at 3:50..

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  6. Red,

    By " walking the dog", are you refering to Dollar ?

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  7. More like the SnP........is my guess....at least that has been the play

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