Showing posts with label ovas. Show all posts
Showing posts with label ovas. Show all posts

Monday, October 5, 2015

Oct 5.

My largest position XIV continues its tear towards contango: I own a lot of this in the 23, 25, 26 range.



APEI, short
back tests the breakdown price seemed to be rejected, setting up for a downward trust if there is any weakness broad markets.


FIT: nice consolidation, put on a starter position
OVAS:
This is one  that had a nice countertrend bounce over the past couple of days.  I like to short these types of stocks at the first sign of weakness.  Using a short time frame when the trend breaks, I enter.  I expect the win rate to be lower the shorter the time frame, but the pay off can be 5 to 1, which is why I take these trades.

This one did not work as a short... yet.  We

Although OVAS didn't work UNFI might: