Bought Some Stocks You Probably Want To Short
January 14th, 2011 | by Hugo Gullett |Bought some stocks today that most people probably want to short.
Still long USO calls, UCO, SOL (smaller position now 50%), SOLR (sold some partially), SSN (half position), URZ. Sold AUGT for 38% gain and sold half SSN for 46% gains (I undertweeted the gain % I think, nobody cares anyways) and bought these shitty stocks today…
Market indexes remain in an “overbought, but ignorable overbought condition” which means its too risky for me to initiate new positions until something changes. I expect it to change at the end of January.
*forgot to add MCD to the chart list..just did.
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Tags: Probably Want, Short