Trade: Long CPST, GS and XLF

By: Stock Roar Friday, March 28, 2008 9:45 AM

Article Author

Bio and Articles
Author's Website

Vote for next session

The next market session will close:

Entered long yesterday at $2.06 and 3 days ago at $1.84. Why? Because the volume was drying up since the high on April3 and it was touching the lower trend line. Volume was good today but not enough to break swing. With window dressing next week CPST may push past $2.28.

Got in Goldman Sachs GS today at $175.00. They are just a cash cow money machine. I think financials have bottomed out and time to scale in.

Got into Long Financial ETF (XLF) yesterday at $26.00. Went down today but on lower volume. I see this climbing up to $30 range.

Bookmark:
Email
Print

The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.

Related Stories