Wednesday, December 12, 2007

Trade Update

I am using today's strength to add a few bearish positions: QID (ultrashort Nasdaq), HOV (homebuilder) and SKF (ultrashort financials).

I have moved my FSLR stop up to around $240. This locks in at least a $2000 gain on the remaining 125 shrares.

I exited 500 shares of URRE at $12.73 (entry at $12.21) for a $260 gain (+4.1%).


drnova2000 said...

how long are you holding your HOV short? Where do you think is a good place to cover?

The Market Speculator said...

My initial target is 7.

Anonymous said...

what is your target for QID?