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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: blazenzim who wrote (69044)5/1/2008 9:40:28 PM
From: Cogito Ergo Sum  Respond to of 74559
 
Wow! nice trading post and no drama.

Thanks



To: blazenzim who wrote (69044)5/1/2008 11:22:20 PM
From: Snowshoe  Respond to of 74559
 
>>I'm looking for a close above the 200 day at around 1420 and a full capitulation by the shorts.<<

Quite plausible scenario. The underlying indices for SKF/SRS are $DJUSFN/$DJUSRE. $DJUSRE popped over the 200-day a week ago, but didn't make a new high today. So SRS appears closer to the bottom than SKF. I'll hold fast to SKF/SRS, and over the next few days will scale out of some offsetting long index stock funds.

Meanwhile, I dipped my toe back into miners again today with a smidgeon of PAL.