Stopped Out of KWK, Reversed To Short

Home / Stock Comments / Stopped Out of KWK, Reversed To Short
June 18, 2008

That was fast. Stopped out of KWK for 1.7% loss.

I sold my index longs and took them short. Not liking yesterdays action, not liking today’s with the charts in precarious positions.

Sold CPST locking in 14% gains. Sold all CPST positions.

ABAT is screaming today. Still have it, up 29% now in 2 days.

AP in the green as well.

ABP is doing great also…up another 5% today. All the A stocks are working.

Don’t know if I’m late to the short side or not, but the charts don’t look good to me. Have to see how the weekly charts finish on Friday.




Related Posts

How I Lost Money This Morning
Leveraged Funds, Oil Stocks, Steel Stocks
It was late last night I was watching the futures +67 on the YM and me being heavily positioned long I was happy. I wake up this morning and it all...
Opportunities Are Getting Thin Up Here
Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
Looking over my screens the list of potential plays that haven’t been in an uptrend yet is pretty thin. The number of stocks starting to turn...
Long Oil, Gold, Gas
Leveraged ETFs, Leveraged Funds, Options, Technical Analysis, Trades
I got long the US markets, USO, and GOLD via DGP last Friday as well as relative plays with CZZ, CLNE (which I’m now out of, but looking to...
DPZ What Could’ve Been
Commodity Stocks, Gold Stocks, Oil Stocks, Options, Stock Market Charts, Technical Analysis, Trades
This is how I learn. Nothing, but clear sailing. Currently long 2x index funds, DGP, ABAT, USO calls, ERX, CLNE, CZZ. If you want the particulars,...