Sold EFU Into The Gap

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August 13, 2008

It wasn’t a good trade, but it was a nice profit. EFU is breaking out and I sold into the breakout like a shmuck. I think its going a lot higher, but I have the patience of a hamster on viagra. I may buy it back. However, I’m still holding my watchlist picks of HOGS, SNTS (not on watchlist), CALM (I bought more today), MATK (Martek Biosciences – gotta love that DHA Omega-3), and still short the general market with RUT and NDX which ARE DOING NOTHING THIS MORNING when the Dow is down -100!!! Very annoying.


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