Wednesday, May 13, 2009

one for settin a wide stop and planning to "buy and hold" long-term

PBI is so tempting. an apparently very safe, 6% dividend and upside of 20% - 30% gain in the coming one year.

once my cigarette play( LO) is done, PBI here i come!!

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please do homework. this is not a trader. this is a set it and forget it company and stock

Fun Trading

Posted via email from fortypercent's posterous

Market on the fence!!

this market is on the fence and waffling. we could see 7 - 8 percent correction or go higher.
my stop on SSO got taken out, but my charts don't confirm SDS as a buy and weekly charts are pointing down, but not confirming the correction yet. certainly no new positions until bull or bear declares.
 
i'm getting killed on my remaining 0.5% LEA position. lesson learned.
 
stay tuned, we're Fun Trading.

Posted via email from fortypercent's posterous