Sold some DryShips (DRYS) and Bought Citibank (C)

Posted on March 27th, 2009 in Stock Market | No Comments »

Got stopped out of UNG. Still in Ultralong Real Restate ( URE).

The DryShips (DRYS) trade popped up as expected. Taking some of the +26% gains and raising stop up for a free trade. Target is $6.50.

drys

Entered into Citibank (C) for a trade because selling volume is drying up and we have high volume near $4. Putting stop under 2.40and targeting $3.89.

c

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Market Pulling Back - Still in DIG, URE, FEED

Posted on March 24th, 2009 in Long Trade | No Comments »

The market is pulling back in an orderly manner which is to be expected in a bullish move. This is what I look for.

The URE pulled back more than I would have liked but it did so on lighter volume. Below is the IYR which is iShare Real estate index which the URE is based on. As you can see today we tested the high volume day on March 10. We went lower into that price range and closed above it which is bullish. URE is heading higher staying in the trade.

iyr

My FEED trade I entered yesterday acted great today reaching a high of +19% where I took some profits and raised my stop higher.

feed

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Buying URE (Ultralong Real Estate)

Posted on March 24th, 2009 in Stock Market | No Comments »

Going for a trade in the URE (2x Real Estate ETF) this wants to trade up to $7 swing high Dec 12. Stop is $2.25.

ure

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Gold is Pulling Back. IYR and UWM Up

Posted on February 27th, 2009 in Stock Market | 1 Comment »

Gold has has been strong the last few months and it’s time to pullback to the $850 price. I sold almost all my gold stocks and will wait for this to pull back.

Commercial real estate IYR looks good to buy. I bought the URE which is the 2x long for a trade.

ure

Russell small caps are read, I bought the UWM, wants to trade into $20 range.

uwm

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