Trading the Markets
Wednesday, February 13, 2008
Don't Take a Position in KR
KR busted right through the 50 sma pretty easily. Don't take any position.
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Sell USO
Sell COST
Boone Pickens' Big Mouth
Bad News, Decent Action; COST
Weak Financials Lead to Fading Market
Oil's Flying
Financials Hold Everything Down
Don't Take a Position in KR
Cover DLM
End of the Day is Very Telling
Today's Open Looks Positive
Sell STJ Into Strength
Aggressive Buying in USO
STJ is Interesting
Cautious Look at COST
Bearish Action in the S&P; BIIB
Cover VAR at 52 or Lower
Cut CPHD, Sell SUNH
SE's Not Working, Stop Out
SUNH Coming Down to Trendline
CPHD is a Buy Off its 20 sma
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