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Bought Dry Shipping Stocks

31 Dec

Posted by Sensei @ 10:09 am on Wednesday, December 31st, 2008 in Market Comments

I purchased DRYS at the close yesterday. This morning I jumped into EGLE, CNX, more CBI, GNK.

Sold remains of my SOL trade as well as SOLF. Gains of 33% and 12% there.

Tags: cbi, cnx, egle, gnk, sol, SOLF

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Trimming back on exposure here as I notice myself getting giddy and forcing trades.

Covered FXI for 3% gain, Closed DXO for a 1 penny loss. No other reason other than to limit my exposure.

Twittalicious

This is what I play for $$ Finally market breaks the congestion and in a big way. 2 days ago
The market has come to Poppa $$ 2 days ago
Back in short $$. Love the $SPX off the 931 resistance. 3 days ago
Covered $EEV, $SRS, $SDS....gains in $SA offsetting. 3 days ago
$SRS is also a slapdick with the Dow down -100+ 4 days ago
As Joe Avezzano would say, "The $RUT is acting like a slapdick." 4 days ago
Notice how we never see the people who are correct on the trade complain about a manipulated market? $$ 4 days ago
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