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The Oxen Report - Retail and Fed To Make or Break Market?

 Oct 14, 2009 05:26 AM UTC
Return Risk
+0.00% N/A
Tracked Blogger
Symbol Sentiment Start Return Closed
PSUN n/a
SRS n/a

Graphic_arrow1 Via Phil's Stock World:  

Hello Oxen Report readers. First off, I want to thank you all for your continued support of my report and endeavor. If you ever have any suggestions of things you would like to see in the reports, any suggestions, or anything…please let me know.  



Tuesday turned out to be a pretty nice day for us when all was said and done. We went 2 for 2 on the day with both our buy pick of the day Ultrashort Proshares Real Estate (SRS) and our short sale Pacific Sunwear (PSUN) making us some nice profits. We got into SRS for a solid price of 9.70, which was in the recommended range in yesterday’s post. We were looking for an exit range of 9.88 - 9.97, and we were able to hit that 9.97 in the morning as the market made a major pullback to start the day. SRS was good for 3%. PSUN was a short sale that worked out well for us too. We got into PSUN at an entry price of 6.60, which was adjusted in my Morning Levels alert sent out before the market opened. We were looking for an exit of 6.47 - 6.41. We were able to hit that lower part of the range and cover at 6.41 in the morning for another solid 3% gain. 


Two solid picks that should have made you some great money. Hope we can keep these picks a rollin’


Here are two new ones for you to play today.



Buy Pick of the Day:


 


Short Sale of the Day:


 


IN PROGRESS





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