Smoking Securities

Half Baked High Finance

Twittered Tickers

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Today’s StockTwits
DRYS is up a creek without a paddle so long as the BDI heads south.
Vegas is dead, so the only growth in GGP is a line of panicking creditors.
Now that is Peak Oil. Stay the away unless you’re looking to become bulimic.
Double short basic materials looks intriguing, potential price target at the highs, but it needs to clear resistance with some VOLUME.
No edge here, but I’d bet on 0.

This market is chopping people to bits. Even with today’s negative price action, my SPY indicator has closed positive. This indicates decreasing volatility and an increasing amount of bullish stocks, generally a good sign. I can’t find an edge or direction, so I’m sitting on the sides.

Written by chucklesamadeus

December 4, 2008 at 6:19 pm

Posted in DRYS, GGP, OIL, SMN, TXT

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