Second Verse Same As The First

By: Bill West | Sun, Apr 19, 2009
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4/19/2009 6:11:07 PM

Hello Everybody

To learn more about my Fat Pitch ETF Advisory, please click here.

Trade Actions:

None at this time. Maybe during the week

Market Outlook/Potential Opportunities:

We are still bullish. But we are also overextended. A few upward price points have been met, so we will soon be scaling out of a few positions. If the market corrects here, we might be adding to positions. So the theme here is we will sell on further rallies, buy on hard breaks. If there are midweek opportunities I will send out an alert. There will be future shorting and Ultra-short recommendations but just not right now. We do not want to fight this momentum.

Current Long Portfolio:

Long GAZ Natural Gas @ 45

It closed at 18.7

Long USO (Oil) @ 32

It closed at 29.5

Long EWS (Singapore) @ 6.3

It closed at 7.3

Long RJI (ET Note for Commodities) @ 6.09 

It closed at 6.2

Long EWT (Taiwan) @ 8.7

It closed at 9

Long FXI (China) @ 30.5

It closed at 32.4

Long RSU (Rydex SP 500) @ 18.5

It closed at 20.1

Current Short Portfolio:

None

Recently Closed Positions

Thank You

If you want to contact me send me an e mail bill@stockbarometer.com

 


 

Bill West

Author: Bill West

Bill West
Fat Pitch ETF Advisory

Bill West

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