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DARK HORSE HEDGE – rides again but getting off the RAIL 0 comments
By Scott at Sabrient and Ilene at Phil’s Stock World
Tuesday’s housing report set the tone for a continuation of the weakness in the market we have seen since August 10, 2010. DHH short tilt has allowed us to capture some nice profits on the way down. S&P 1050 is a possible support area as indicated on the chart (at PSW) and so we feel it is a good time to get off the RAIL which we suggested shorting on July 29, 2010 at $24.25 and has given us a profit of 11.71% in just under 30 days. We believe there are other opportunities out there that give us a better risk/reward now that RAIL has shed 11% of its value and will replace it shortly.
BUY TO COVER RAIL, at the market Tuesday August 24, 2010
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StockTalks
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Check out the latest Stock World Weekly here: http://seekingalpha.com/p/4o10
Sep 18, 2011
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Here's the latest Stock World Weekly from Phil's Stock World: http://seekingalpha.com/p/4gy7
Aug 21, 2011
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Great article by Lee Adler - where's the market going, is past any indication? http://bit.ly/o8eJ3t/
Aug 10, 2011
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