ICO: International Coal Group, Inc.
I’ve been in and out of this one in the past. Nice bullish flag, keep it on your radar.
Hat tip: Im new
Comments »Inverse Holy Grail
Short strength! Take a look at the 5 min chart on the DOW. Every time we rally to the 20 (MA) we pull back. They call this pattern “inverse holy grail.” A surge above the 20 (MA) may spark a miniature rally.
PBR: Bought @ 68.69
Portfolio Update
I have been in and out of stocks like a degenerate gambler the past few days. Let me bring you up to speed on my positions.
(IRA) Longs
[[AAPL]] [[GOOG]] [[GU]] [[DPS]] [[V]] [[RIG]] [[CVX]] [[TSO]] [[CPST]]Trading Accounts
Longs
[[TTES]] [[HERO]] [[ENER]]Shorts
[[DE]] [[CHL]] [[BIDU]] [[SOHU]] [[HRB]] Comments »Oil Service
If you are thinking about playing a bounce off today’s tape, I will advise you again to look at oil Service. Right now many of the names are bouncing as traders buy the dip. It is important to note that in this type of environment everything trades lower, but how about pairing your shorts with a few longs just incase we get that dreaded short squeeze.
There are so many reasons why I like this space at the moment, but I save that for another post.
My top three are:
I also like OA’s picks: ATW & PTEN
Disclaimer: Long TTES & HERO
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