June 24, 2009

CONSIDER TAKING PARTIAL PROFITS ON CDE

we will maintain our core position on CDE, but will take partial profits on rest of the position right here around $12.00. Our average cost is $11.3

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EDDIE LAMPERT SALE SUPPORTS OUR THESIS ON $AZO (AUTOZONE)

Our long term readers know that we have been short on $AZO and its competitors. Last night Lampert indicated in a filing that he sold 454K shares and distributed another 2.6M shares. This sale seems to support our thesis on staying short on $AZO, $ORLY, and $AAP.

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CONSIDER TAKING PROFIT ON GOLD $GLD $DGP

Those who followed our tweet yesterday have a $18.00 profit on gold futures. As our long time readers know, we recommend $DGP for those not comfortable with futures. $DGP buy price should have been around $19.25. Take profits right here around $20.16.

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9 Winners. 9 Losers. Gold, Silver & AI Trade Zones.

9 Winners. 9 Losers.
Gold, Silver & AI Trade Zones.

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