Monday, March 30, 2009

Takin care of the kids

Rather than complicate life with more positions lets focus on managing our existing positions. Set your stop on SDS @78.58 and your stop on DUG @25.52 I expect a bit of a consolidation tomorrow or even a shallow move higher after todays big move but the new trend is down. Lets hope we don't get whipsawed out of these trades in the morning. Maybe the feds will fire a airline CEO tomorrow that would leave the railroad business as the last target (obscure Steve Martin, John Candy movie reference). Good luck