Sonic Money - Tireless Stock Research For Free

Sonic Money is a sounding board for my personal investments strategies and stock research. It will be updated in real time. As I make moves in these financial waters you will be able to either join in or watch from the sidelines. Either way my goal is to make money every day through picking long term stock winners, shorting stocks that shouldn't be posting gains, betting on sectors that are experiencing tremendous growth, and posting profits that make people take notice.

Thursday, November 29, 2007

Want to sell but can't | Oil is acting a little weird

News that would have sent oil skyrocketing didn't. The oil pipeline explosion should have sent oil realing and it didn't. The reason I mention this is that I have a large percentage of my portfolio in oil. My instinct is to sell the PBR thats in my short portfolio.


This the the 5 day chart for PBR




But if you look at the charts its not a good time with the stock hover at its day low. I will check it closely tomorrow early AM
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