Friday, April 18, 2008

Is (DUG) a DOG?

Well, I opened DUG positions yesterday and already been taken to the woodshed, hardly breathing, sweating like a pug ( Not an good thing to do on Passover!),
BUT, after looking at this chart

and noticing that high for USO just hit Fibonacci Fans ( which I am NOT big fan of ), I decided to take another chance and added DUG at 30.81
Will pay a big price for been reckless indeed.
Also, after market jumps like that - how mugh better can it get? You saying "A LOT"?
Oh my...