I hope you enjoyed this series, as the gains were plentiful. I took the opportunity, since I was given headline status, to outline my thoughts/moves today. Hopefully you were able to follow along and bank coin.
Let’s review:
Post #1: Buy every dip in FWLT– success! Also gave you the heads up in FSLR
Post #2: Let you know coal was heating up and WLT could be in play
Post #3: Bought WLT
Post #4: Bought FSLR
Post #5: Did selling to ensure coin was banked.
Any questions? Hopefully you learn form this series and study today’s moves for years to come. Chalk up another win for iBC!
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good trades, RG. i was in FWLT back when it was 55, but i sold it early. >:(
your coal call was spot on. australian coal mines are still a mess, so i don’t see any change in the coal price trend for a long time.
http://www.bloomberg.com/apps/news?pid=20601081&sid=abKexXzbzeFs
*RC, i mean. i don’t know where the G came from
Ragin-
Do you have a Briefing Tradersubscription…?
deserve prime time my friend. Not headlines when the flies are not around
Eagle,
I do not have a sub.
Cool..you and them were on the same wavelength on WLT nonetheless. Here’s there 9:40 AM cst alert
FundTrader – – WLT Long -Technical : Momentum coal name consolidating gains in recent trade, after an incredible +19 run in early May. Stock could break 5 day resistance of $85 as Coal Sector components FCL ACI MEE CNX BTU & ANR at day highs. Buying here with a tight stop around $83. (WLT 84.15 +0.24)
They later advised to sell half the position in the upper $85’s and move stops to breakeven. Looks like you had a good day too.
damn, maybe I should subscribe. That looks like a cool service.
Ragin–
Re: WLT
Save your money I was on it yesterday…
http://www.ibankcoin.com/alphablog/index.php/2008/05/12/buying-more/
Granted, it was at the bottom of the list, but still made the cut.
Next time, just ask.