10:31 – Stopped out of my UNG at 12.70- again (!) for a small loss.
URE and UYG continue to plug higher but at these levels and the over-extended nature of the market I am not chasing them.
I sold my positions out yesterday in these issues and – too soon, yes, but still very profitable.
I am suspicious of this rally in stocks. Instead I am looking at DBA which looks like it wants to breakout above $25… I am a buyer at this level around $25 – 25.05- small position to start. STOP LOSS set at 23.95.
Trade With Confidence
—————————-
DISCLAIMER: No personal tax or investing advice is implied or
stated in this information. The information presented is for
educational purposes only and should not be construed as personal
legal, tax or investment advice.