trade update

BGZ and SRS now up 30-50% respectively since we started writing this, both up 5%+ today, put in a 10% trailing stop from todays levels for half our stake (79-80 price), just incase a dog comes back and takes a bit of the bone, but I think our stop would be safer than the Pope in his little glass car right now.

This is not a change in direction though, still see market a lot lower from todays levels, DOW with a 6 handle on it makes sense, I still cant believe they talk about this index though as it represents nothing about the economy, is weighted by price only, has 30 stocks in it, half of which dont exist and are ghosts like citi. But on TV here they still say the market and DOW as exchangeable words so who am I to buck the trend. DOW 6 handle.

Giddy Up