Thursday, February 19, 2009
February 19th - USO
The USO is up 5% let see if we get a change in this down trend. Above 24 it will be interesting.
February 19th - DTG
DTG is another stock i like the same as CAR , rent and leases vehicles , lost 99% . It is only suitable for smal investment.
February 19th - Stock Market Review
Current Portfolio - 104,772$
Open Position - UYG 10,000 2.89
USO - What a destruction of wealth , amazing ,where is the analysts that gave a price target of 200$ and even 1000$ for oil. In my opinion oil will be one of the best investment in the futures.
SPY - Down trend no sign for a change.
XLF - Maybe we get here a double bottom , the same as the oil in my opinion the financials will be one of the best investmet when the bear market end.
CAR - This is one example of destruction of wealth , avis and budget is now at 0.59$ have lost 99% from the beginning of the bear market. If this company won't file for bankruptcy it will be a great investment. The market have no hope , this is the time for a change.
Open Position - UYG 10,000 2.89
USO - What a destruction of wealth , amazing ,where is the analysts that gave a price target of 200$ and even 1000$ for oil. In my opinion oil will be one of the best investment in the futures.
SPY - Down trend no sign for a change.
XLF - Maybe we get here a double bottom , the same as the oil in my opinion the financials will be one of the best investmet when the bear market end.
CAR - This is one example of destruction of wealth , avis and budget is now at 0.59$ have lost 99% from the beginning of the bear market. If this company won't file for bankruptcy it will be a great investment. The market have no hope , this is the time for a change.
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