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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (33722)	6/1/2009 4:20:13 PM
From: E_K_S	Read Replies (1) \| Respond to of 78648

Peeled off a few shares of Ultrapetrol (Bahamas) Limited (NasdaqGS: ULTR) as it broke above it's 200 day MA. Will put the trade back on on any correction back down to $4.00 area. I am still very long this stock with 5% of the portfolio exposed to three shipping companies (Drys, SFL & ULTR). Stock up over 10% today on twice the normal daily volume which is bullish and point to a continued move higher. Sold out of my MACQUARIE INFSTC LLC (NYSE: MIC) for a very small gain. The stock could never come off it's low as fast as it fell. It is still well below it's 200 day MA around $8/share but the recent rally was on low volume which is never a good sign. Both oil and NG had a good run today up 3.2% and 10.82% respectively. COP finally participated in the rally but still well below it's 200 day MA which is around $55/share. I still believe there is quite a bit of value in the NG companies and I will be looking to deploy new monies in this area. I like the consolidators, pipelines and "hybrid" utilities. EKS