What Worked Today 1192008

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January 19, 2008

This is delayed because my internet was down.

Being cash worked yesterday as the market couldn’t hang onto any of its big up open gains. The volatility has been insane this entire month, but especially this week.

DRYS – Nothin off that trade. Closed at my buy. Afterhours closed up to 57.

TBSI – Closed on its highs. I didn’t buy it back when I was supposed to, but it closed higher and looks solid for Tuesday.

The dry bulk shippers definitely closed on a very upbeat tone. Looking at all their charts, DRYS, DSX, QMAR, TBSI, and GNK, are all coming off being very oversold. Lets see what happens next week there.


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