This is my last investment/trading post for awhile.....I am going to start taking longer term "core" positions in the following: PCU, XME, OIH, DIG, KOL, GDX (on a pullback to 920-930 in Gold prices). I am long germ bullish on oil/gas. Another avenue in an oversold oil name that pays a terrific dividend while you wait for Crude oil is take off again is SBR.
This is a once in a lifetime opportunity to buy oil/commodity stocks at bargain prices.
Update on Friday 2/27:
I see many positive diversgences in the technical stock charts and today (Friday) is marked as a change in trend day on my calendar, meaning today's lows in the equity indices could mark a short term low. Therefore I am buying larger positions in DIG, PCU and two others: MDY and BGU (which are leveraged stock index funds).
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment