Looking For A Pop and Drop

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April 6, 2009

I’m looking for a pop tomorrow followed by a drop. I want to see a new weekly high made, but a lower close than last Friday.

I already mentioned that I bought: APWR, WEN, and CBI. I also removed my inverse RUT 2x position with it being green today. If tomorrow is up in the morning or afternoon, I’ll remove my long positions in RUT and NDX and reapply my shorts.

Some stock ideas:
Gold looks like its breaking down, so long DZZ looks interesting. DZZ is the double long gold etf or you could short DGP which would be better.

HANS – Yeh remember that one?, TSM, MHS, SF,

I’m also still long, CRIS, SYNM, BLDP, KLIC, GMO, SPPI, EVK




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  • sunzt

    Nice moves on those cheap stock trades.

  • sunzt

    Nice moves on those cheap stock trades.