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FRPT, RT, Homebuilders, Major Indexes – Nuff Said
02 Sep
Posted by Sensei @ 10:07 am on Tuesday, September 2nd, 2008 in Defense Stocks, Home Builder Stocks, Market Comments, Stock Comments, Trades, restaurant stocks
Restaurants, Homebuilders, and FRPT exploding upwards today with the general indexes.
I bought RT back this morning, FRPT I have already built a decent position in ahead of this breakout, and the homebuilders I profiled last week for you.
Picked up some SSO to added to my already overloaded longs as well.
Tags: breakout, dow, frpt, homebuilders, ndx, qld, restaurants, rt, rut, spx, uwmThanks for reading
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View Comments
Sia
September 2nd, 2008 at 12:27 pm
1I like short energy related names, CLF, MON, ENER take a look at the 10 year treasury yield TNX it is dropping pretty good, which does not bode well for equities… unless all that money going in to treasuries is from people getting hit on energy
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