Posted by ocracoke53 on 1st of May 2008 at 05:13 pm
Michael, did the same. Sold half my position at 33.55, I've had
it for several days, and bought back the shares at 32.60. Will hold
these and following what Matt's BPENER gives us. Still have a small
position in SRS. Was watching CNBC near the close and some talking
head was getting all bullish saying the worst was over and it was
time to get back into stocks. I just don't see it, waiting on the
sidelines looking for the time to short.
Matt, did close my gold (DZZ) short at 31.40, I've had it for
some time so it was a nice profit - thanks!
ocracoke53 -can't argue with a nice profit! Yes
this has been in play for some time and it worked out pretty good.
No harm in taking a profit and deploying it somewhere else.
Looks like DZZ is up 16%, not bad!
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Posted by ocracoke53 on 1st of May 2008 at 05:13 pm
Michael, did the same. Sold half my position at 33.55, I've had it for several days, and bought back the shares at 32.60. Will hold these and following what Matt's BPENER gives us. Still have a small position in SRS. Was watching CNBC near the close and some talking head was getting all bullish saying the worst was over and it was time to get back into stocks. I just don't see it, waiting on the sidelines looking for the time to short.
Matt, did close my gold (DZZ) short at 31.40, I've had it for some time so it was a nice profit - thanks!
ocracoke53 -can't argue with a
Posted by matt on 1st of May 2008 at 06:21 pm
ocracoke53 -can't argue with a nice profit! Yes this has been in play for some time and it worked out pretty good. No harm in taking a profit and deploying it somewhere else. Looks like DZZ is up 16%, not bad!