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Strategies & Market Trends : The Ego Forum

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From: JimisJim3/25/2013 11:17:58 PM
2 Recommendations   of 12175
 
Heads up to smallcap oiler traders: added today to CEN (first trading position since my big sell), DTX and MMT. They could all go lower, so I'm keeping some powder dry in the trading acct. The prices today compelled me to add some traders at the very least in all three names. None are full positions... yet... sort of in exit strategy mode for CEN and in "legging into" process for the other two.

Been posting (and doing) this (for same three names) for several months now. Let me know if I'm sounding repetitive... beside there are some here who could probably school me about some aspects of DTX and MMT, but I think we'd all be in the same grade or close.

Smallcap oilers have been quite volatile, but when the financials and operations seem solid enough, there is geopolitical risk at times with even the best smallcaps, too. All get slammed with abandon for no (apparent) reason.
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