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Re: frenchee post# 167

Monday, 11/24/2008 10:52:55 AM

Monday, November 24, 2008 10:52:55 AM

Post# of 172
I have ERX, DIG and DXO(DXO outpacing ERX today), just to put eggs into different baskets, energy will rock. DXO is so cheap, it should be a higher bagger(just like a penny stock,lol) in the future.

I have BGU, TMA, and some FAS as well, most of these only short term. The energy stocks I'll trade to free shares today, and scale out if it retracts, I'm not ready to call bottom just yet :) the flip side of these ETF's will be traded again soon.

What happens if C slips into the $2's in the coming weeks or GS fails, FAZ for me.

I have my core of PBT and FRO as well, and would like to hold my XOM, OXY, SLB, RIG, V, and WFC longer term if their PPS holds(scaled stops are set).

SELLING this bump :)

ERX will be a good trader, and be a VERY expensive ETF in the future.