Thursday, April 24, 2008

Sold DUG at 31.59

That's enough for one day. Profits. 31.80 on the charts looks to be the short term peak. Housing Data may not bode well for DUG very short term. Regardless, the catalyst is not here so a nearly 5% pop in one day is just fine with me.

In other news time to look a little more closely at the Natural Gas situation. Perhaps a bit late here but it is worth finding out more.... It is a cleaner, cheaper alternative for some applications to oil/coal...

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1 comment:

Anonymous said...

I agree. I sold this morning at 31.40 after buying it at 30 yesterday. Decent amount of profit considering the volatility these days.