Morning Trades

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January 6, 2009

Bought:
SRS (already short URE), SMN, Short LIZ

Covered PAAS short
Short and covered NEM (panicked for no reason) I would be shorting GDX, NEM, and a bunch of other miners/gold stocks here.

I also bought SSO and UYG near the open but quickly dumped after the ISM report for very slight loss.

Sold:
CBI, CPST, DAR, CX all for double digit gains

PALM is a popping.

SPX got to 943 at the high, but now its petering off. SO I think by Friday we get down and test that 908 level, then on Friday we pop on bad econ news.


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  • http://www.stockrake.com StockRake

    Covered URE, Sold SRS, SMN all for loss.

    Covered EGO short

    Bought PLLL, KFN, SRZ

  • http://www.stockrake.com StockRake

    Looks like we're doing SPX 950 today.

    Sold PLLL at loss…Shorted more LIZ

  • http://www.stockrake.com StockRake

    Covered LIZ bought GRT

  • http://www.stockrake.com StockRake

    Covered URE, Sold SRS, SMN all for loss.

    Covered EGO short for gain

    Bought PLLL, KFN, SRZ

  • http://www.stockrake.com StockRake

    Looks like we're doing SPX 950 today.

    Sold PLLL at loss…Shorted more LIZ

  • http://www.stockrake.com StockRake

    Covered LIZ bought GRT