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I didn't short it until yesterday! That was at 7.59 and sold it at 6.71 today for a 12% profit.Not bad for less than 24 hours. A little advice Milly..Just because you want to believe something, it does not make it true. Oil supplies were short 100,000 barrels today. How do you think they will look next week after the hurricane and the continued slowing of supply out of Georgia? I would suggest you do your homework..
If you didn't short it until yesterday, then how do you explain this post on the 24th?http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_U/threadview?bn=23162&tid=45312&mid=45327Thanks for the advice, but I've been doing my homework since 1948 when I first started trading. I'm glad you feel proud of your nickel and dime swings, but when you're up $3.25 like I am, please check back in and let us know how it went.
Just because my post states that it is a good opportunity, it doesn't mean I made the trade.good luck to you milly.. i guess you did do your homework
1948? that's even better!! I LOVE OLDER GALS!!!! moo!!!