Tuesday, May 12, 2009
Outlook
Futures seem fair today, however, there is still a lot of fear in the market considering financials. I would watch FEED today. Its up 93% since my call but its approaching the 200 day at 4.67 and if it breaks, it can roll to 5. It might not run to hard because uy lacks short interest but that is the level to watch. I'm still long tons of junk stocks and love it. I might buy more lol. Best idea is to stay small and have cash because the bears want us lower.
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