GEO update

On Jan 23 I highlighted GEO as a short prospect. It's breaking down nicely..today below $14.
Looks like if it can hit new lows they're gonna have some real problems.

A good start

It's always nice for new trades to start off strong. Stops stay where they are. There wasn't much pull back today so I didn't add to any longs. Time for some wine and looking forward to a nice relaxing weekend.

Are you Sirius?

News on Sirius XM today from the Wall Street Journal. Sounds like Echostar might be setting up a play. Will those bottom fishing stock buyers get lucky or be tossed a big goose egg?
Here's the Reuters article

Long w/ caution

Well, with today's reversal I got long the indexes and a few stocks in my swing account. I will add to this tomorrow if we pull back a bit. My stops are pretty tight at 1% below today's Dow low. I took the S&P Ultra (SSO) , Honeywell (HON), and (CAT). I'm still afraid of the financials. On my watch list but not in yet are a few retailers. JCG and TGT. I will update this tomorrow.

Whats with this global warming talk? I out to get the mail this afternoon... windchill was 2 degrees. Yikes.