Thursday, January 10, 2008

Position update

FSLR: just sold the rest of the position at 228.8 for a gain of over 17 points, may consider re-enter the position if it spikes towards 200 or 210 with a $2 stop.

CME: raised the stop to just below today's low at 588.

Bulls got no follow-through from yesterday's late surge, which makes me feel that we may need a capitulation here to hit a short term bottom.

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