Monday, April 30, 2007

Equities and Rates Comment


While USEC is an excellent long term holding. It currently has the potential to have quite a correction and thus a hedge for the stock was put in place.
Once the correction has run its course the hedge will be lifted and more stock accumulated.



Keep a close eye on DVSA. It is starting to get close to the target.





The increase in volume today helped to clinch the intermediate term trend shift to down.Also the fact that this was the largest decline in 33 days, another key number.


Intermediate term trend for Interest Rates remains Down. Short Term direction also changed course to down. Take a Look at the Chart!!








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