Hi Peter, Looks like some players took advantage of the Lehman downgrade on energy stocks to run some stops. Very pleased to fill out TESOF (TEO.TO) position with some buys at 12.50 and nearby, low for day. TESCO is a LT position for me.
Red Flag for golds, CNBC just touting gold stocks, NEM and they mentioned the Japanese buying gold at 600+% I posted this morning. I'm serious, I'm big time into fading CNBC, since I finally hooked up the TV in my trading den after a year or two of sitting there blank, ggg. BTW, office upgrades now complete, pushing 4meg/sec bandwidth three PC's including newest 2G P4, two bb hookups 1 wireless 1 ISP. Don't like the ergonomics though, might move things around. Trying to figure how I can stack keyboards. Won't be happy till the place looks like Tank's "operator" station on the Matrix, lol!
Best Regards,
Roebear |