Stocks: GDX, FDP
GDX: Hold this hedge until we get a buy signal or at least a condolidation. We don't need to make money on this trade we just need to avoid big losses on CEF. FED meets next week and possibility of no rate hike will propel us$ higher so stay hedged until we get past that meeting.
FDP: Great weekly chart breakout. 60 min. and daily look good but real buy point is $38 so with the stock at $39.10 be patient and buy pullbacks on the bid. Fundamental story really good with a hugh blowout on EPS last quarter and the rising price of food around the world.
Friday, April 25, 2008
Time 3:27
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