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S&P 500: 1,317.45 Change: +0.03%
Erycus
Erycus
P&P Score: 0.00
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Real name Erycus
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Highlighted Picks
Most Recent  11/20/11
SELL    SXL   $34.36
SUNOCO LOG PTNRS LP   -0.46%
While I believe this is a good company with excellent management, the stock price is simply too high. It is grossly overbought, and technical indicat…more
Most Successful  11/20/11
SELL    SXL   $34.36
SUNOCO LOG PTNRS LP   +10.92%
While I believe this is a good company with excellent management, the stock pric…more
Least Successful  11/20/11
BUY    TVIX   $8.85
VELOCITYSHARES 2X VIX STERM   -93.25%
Buy before Tuesday of next week, when the U.S. reports its GDP. Stocks should g…more
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Open
Start Date Ticker Rating Call Time Frame Start Price Today (change) End Price Stock Gain S&P Gain Points End Date Analysis
11/20/2011 SXL Rating: 1 SELL Week to a Month $35.26 $34.36
(-0.46%)
- -2.54% +8.37% +10.92 view
11/20/2011 TVIX Rating: 0 BUY Week or Less $58.50 $8.85
(-0.45%)
- -84.87% +8.37% -93.25 view
Closed
Start Date Ticker Rating Call Time Frame Start Price Today (change) End Price Stock Gain S&P Gain Points End Date Analysis
All
Start Date Ticker Rating Call Time Frame Start Price Today (change) End Price Stock Gain S&P Gain Points End Date Analysis
11/20/2011 SXL Rating: 1 SELL Week to a Month $35.26 $34.36
(-0.46%)
- -2.54% +8.37% +10.92 view
11/20/2011 TVIX Rating: 0 BUY Week or Less $58.50 $8.85
(-0.45%)
- -84.87% +8.37% -93.25 view
Commentary
SELL: SUNOCO LOG PTNRS LP (SXL) Rating: 1
Start Price: $35.26
Points: +10.92
Created: 11/20/2011
While I believe this is a good company with excellent management, the stock price is simply too high. It is grossly overbought, and technical indicators are showing a temporary peak in the price.

http://stockcharts.com/h-sc/ui?s=SXL&p=D&b=5&g=0&id=p62755031231

It also will more than likely not escape the downward momentum that will be created by the three major indices in the coming weeks/months.

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Recs:
 
BUY: VELOCITYSHARES 2X VIX STERM (TVIX)
Start Price: $58.50
Points: -93.25
Created: 11/20/2011
Buy before Tuesday of next week, when the U.S. reports its GDP. Stocks should go lower while this ETN that tracks the VIX should shoot much higher. Look at how much it rose on November 9th due to Europe worries. The key is to sell it whenever it shoots higher as it falls back fairly quickly. However, with the negative Macro U.S. data on the horizon according to ECRI, it may be a long-term hold.

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Recs:
 
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