I just mentioned OSUR in your last post. I took a position in that, grabbed a low volume dip on CYCC, and am in the MGPI dip. Lot of bullish activity going on for being so weird on the indexes.
Today's breakouts seemed too goo to be true. As they say, everything looks rosy at the top. Can't forget that the VIX is in oversold territory and a reflex dip is not out of the question. We'll probably see the VIX hit the 24 level and then, we may have a small rally again in time for the holidays...
I just mentioned OSUR in your last post. I took a position in that, grabbed a low volume dip on CYCC, and am in the MGPI dip. Lot of bullish activity going on for being so weird on the indexes.
ReplyDeleteI meant MGPI dip... Great moves happening right now though.
ReplyDeleteDamnit...again, I meant MGPI "breakout." Pardon my randomness.
ReplyDeletelol no prob.
ReplyDeleteI'm seeing a bit of a negative reversal though. May be time for some more profit taking...especially if the VIX closes at the HOD
I really wanted to drag those two breakouts out another day! I'll see what tomorrow looks like.
ReplyDeleteToday's breakouts seemed too goo to be true. As they say, everything looks rosy at the top. Can't forget that the VIX is in oversold territory and a reflex dip is not out of the question. We'll probably see the VIX hit the 24 level and then, we may have a small rally again in time for the holidays...
ReplyDeletetoo *good
ReplyDeleteValid points... Today is a good day to take profits anyway. I'll be on a plane to New Orleans tomorrow.
ReplyDeleteHave a safe trip, Chad
ReplyDeleteThanks!
ReplyDelete