Tuesday, May 1, 2007

Equity and Stocks Comment

While WHI has struggled as of late, it appears like it wants to move higher. I continue to hold my position that a secular low has been put in place.

USEC- Is in an area now where we might expect some type of snap back rally. However I will keep the hedge in place as the intermediate term trend remains clearly down.


While there was a nice reversal today in the market, the rally on the whole was rather tepid.
I continue to look for an intermediate term correction.



DVSA - Reached and exceeded its downside target, but it was able to close above its support level, therefore a buy signal was issued. A stop at 7 1/8 is in order but this stop will be on a closing basis only.






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