Friday, January 09, 2009

Quickie Trade Update: DUG and FAZ

I exited my FAZ ($40.80) and DUG (@24) positions today for profit. My only current positions are short CSX and long HPQ.

The DUG trade did not hit my target, but did make a nice profit (entry at $21.19). I exited because a number of indivivual oil service stocks are showing up on my bullish scans.

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