Joined Jan 27, 2008
7,405 Blog Posts
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While I’m seem to be clearing my portfolio, let me get rid of ENER short @ 64.20.
I now have no short exposure, but will be looking in Ag to decrease my delta.
Clear the decks hah! Five points on CRM was quite good Ragin, that stock is a beast.
For those interested in Steel, take a look at GSI.
When do you intend to toss CHK? Break below 45? Bought a little at 49 but may average down. Don’t want to give up yet. My thesis is that with the short covering covering in financials last week, funds were selling energy to raise cash. After the covering is over, we may see the short financial/long energy trade again. Let’s see how this plays out. FWIW: All those who bought the CHK offering a month ago around 60 are taking a bath.
If anyone is interested in “leaving Las Vegas” (LVS), right about now would be a good time.
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