Friday, December 03, 2010


We sold the VALE swing, took some off into the ATPG rip but keeping some, and keeping OXY CLF for possible continuation (we already had our targets met as they both broke out).  The only stock that hasn't broken out yet is UPL which we've been long since last week.

Long into the weekend  four stocks: OXY CLF ATPG UPL.    

We've sold a lot into this rally (BTU APA UPS SWN VALE out completely and small partials left  in OXY CLF ATPG UPL) and are now back to mostly cash waiting for fresh set-ups.   It's been a rewarding week and we're heading out early for the weekend.   Have a great one.