Stocks Hit a Pullback
Steel....playing catch up now. X, CLF.
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I love SLX, JJC for copper ,and DBB for the base metals. DBC is interesting for
people who are afraid to play individual stocks and love a built in hedge - it's
all over the place - I think DBA's horse has run. Will look for selloffs on SLX
and DBB - still a little worried about Dr. Copper right now in the short term
but long term its not going anywhere. Also have been in and out of TIE but I
can't figure it out. But as Steven mentioned last week, I think TIE could be a
goldmine before earnings for options players. Poor ignorant I will probably
wait til earnings on TIE -unless there is a huge selloff throughout the week.
But as for TIE, X, CLF, and the like - if it is risk off this week may want to
just observe and try to pick a botttom... those suckers can run both ways -esp
CLF and TIE.
The only one I own : SLX,
too hard pick a winner out all of them
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