What Worked and Sucked Today 3272008

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March 27, 2008

Worked:

Being short. Grabbed the profits this morning. I remained in cash and will look to get long tomorrow morning if the selling continues. Maybe if NDX touches 1765 or so.

CPST – New closing 52 week high today. CPST is a long and strong trender as well.

DAR – Inched higher.

POWI – Bought it today. POWI broke the 150ema today and is trading above its 50, 150, and 200dma. Technicals look good and its getting placed into the Cleantech Index.

I didn’t get into dry shippers or the solars, but if they pullback tomorrow, I may as both sectors are turning up.

Sucked:

AMAT, INTC, CAT, GILD, all of them were down today, but no biggie. Holding all long and strong.

Again, I will look to go long if we red in the morning.

Copper stocks are moving higher. Some copper stocks include: PCU, FCX, WIRE, and JJC (Copper ETN). WIRE might have the most upside because its been beaten badly.




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