Monday, June 23, 2008

Whats Happened to PCX? SDS on hold...

Coal plays are green EVERYWHERE... but not for former leader PCX. Well, I am actually happy the call premiums were too expensive for me... but I still think it will head higher long term.

As for SDS, I didnt get a DOW pop that I was hoping for. It stands to reason that the weakness today has nothing to do with future credit/housing news... but Oil (again). sounds like a broken record/CD player...no no MP3 player...

There are a number of traders out there buying up RIG. I am content with HK. DBA though has slowed up, but may be due for a pop somewhere...

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