Pullback

    Posted by finam on 19th of May 2008 at 02:27 pm

    Matt:  Do you think this pullback will affect the daily charts? (it looks pretty sharp) I sold my QLD and the SOLAR's just to be safe and I made a TON of money on them and can buy back later after they take a nap. (I don't sound like such a long term traader anymore but there is nothing wrong with taking profits)   FinaM

    finam - could, too early to

    Posted by matt on 19th of May 2008 at 02:29 pm

    finam - could, too early to tell, but nothing wrong with taking profits, the solars have had a hell of a run lately and the Longs on the Watch List have done well, however as we stated last night, don't get complacent and be very careful with Longs at this point.

    Thanks Matt for getting back

    Posted by finam on 19th of May 2008 at 02:47 pm

    Thanks Matt for getting back to me.  I often find out that when I start to make a LOT of money, it is time to watch out!  Just being cuatious now and am fine to hold some cash for a while and let things cool down. I'll just watch your nightly updates.

    Does anyone know of an ULTRA silver UP ETF? FinaM

     

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!