Monday, January 08, 2007

LoserList for January 8, 2007

ON THIS DATE IN 1790, GEORGE WASHINGTON DELIVERS THE FIRST STATE OF THE UNION ADDRESS IN NEW YORK CITY. IN 1815, ANDREW JACKSON LEADS AMERICAN FORCES IN VICTORY OVER THE BRITISH IN NEW ORLEANS. TODAY LARRY STORCH IS 84 AND JASON GIAMBI IS 36.

For entertainment and/or education only. I may be long, short or out of any of these stocks, and positions may change in a flash. . .

ALERT I try to avoid making macro calls, but this is either a big pullback before the next leg up, or the start of a big move down. Caution is advised; the next 50-60 S&P points will probably provide some clarity . . .

TLT long, stop at 87.5
EXM long, stop at 13.6
IFLO long, stop at 15
LYG long, stop at 43.3
NGNM long, stop at 1.3
NOOF long, stop at 9.5
SEE long, stop at 61

How to use this list. And don't forget the disclaimer . . .

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