from http://finance.google.com, each sector is shown:
Obviously utilities outperformed everyone else by a margin.
Then enter:
XLU
stop at: 32.82
target 1: 36.8, it I see a doji there in that area, I sell half, and set the stop below that doji.
BTW: I watched the Today show this morning and I saw Cramer!
I never care much about "Mad Money" because of his showmanship. But today he was all dressed and composed today on the Today show. He recommended everyone to sell off at least 20% of their equity holdings. I agree.
Anyway, still not a big Mad Money fan, because it does not promote independent stock selections.
shorts: politics
longs: XLU
If you find this blog beneficial to you, please donate to your favorite charity.
Link back to the Blog
No comments:
Post a Comment