Great Trades

Great stock trades based on fundamentals and technical analysis.

Thursday, February 26, 2009


Added shorts, took more profits on oil, covered some gold

With another big run in oil, our trading model is taking partial profits on our oil position again to lock in big gains.

With the retest and failure to get through 780, our trading model is also adding shorts, again with a tight stop on a clear break through 780 to limit potential losses. Adding 20% more short S&P 500 (plus 10% additional for speculative traders) and 5% more short financials (plus 10% additional for speculative traders) to get to 95% short, and more so for speculative traders.

With the huge drop in gold, our model is also beginning to scale out of the short gold hedge.

Open Positions: 70% short S&P 500, 25% short financials, 2% long oil, speculative traders short another 30% financials and 20% S&P 500, short gold to hedge.

Comments: Post a Comment

<< Home


December 2005   January 2006   February 2006   March 2006   April 2006   May 2006   July 2006   August 2006   October 2006   November 2006   December 2006   January 2007   February 2007   March 2007   April 2007   May 2007   June 2007   August 2007   October 2007   November 2007   May 2008   September 2008   October 2008   January 2009   February 2009   March 2009   April 2009   May 2009   June 2009   July 2009   August 2009   September 2009   October 2009   November 2009   December 2009   March 2010   May 2010   June 2010  

Great Trades Home    Email GreatTrades

Great Investments Blog     Great Investment Articles Blog

Disclaimer: Great Trades may have a position in all or some of the stocks discussed in this blog, but is not paid by any company to promote their stock. Great Trades contains opinions, none of which constitute a recommendation that any particular security, transaction, or investment strategy is suitable for any specific person. Great Trades does not provide personalized investment advice.

Seeking Alpha Certified

Enter your email address to subscribe:

Delivered by FeedBurner

This page is powered by Blogger. Isn't yours?