Monday, July 28, 2008


The financials are leading the way down as I thought might happen. I've covered half of my short UYG position and half my long QID position, both at nice gains. I will either add to my position or cover/sell depending on what the market does later. The strength is in coal, steel,solar,energy and the weakness is tech and financials.

Earnings of interest to me after the close: AMGN, CF, MOS, PFWD


Stewie said...

great call on being short over the weekend.

About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.