4 straight days of down turn then a what looks to be some kind of rally possibly today...I'm goin short in my perm portfolio

I don't know about you but I'm convinced and my portfolios' in the morning will show it.  I ran it thru my screener and I was impressed.

I took a chance with MXC yesterday. Let's see what goes today LT

Honestly James, I don't think I'd short anything this morning. Futures are up, the DOW is not showing an overbought condition. If I were to short I'd wait till this afternoon or tomorrow. But that is me :-)

 I wouldn't short MXC till it hit $50 again. 

Kev

JamesLT:

4 straight days of down turn then a what looks to be some kind of rally possibly today...I'm goin short in my perm portfolio

OK

MXC...short it. OIL is dropping from is all time high, fast

MXC seems to be a stock that can ride out the bad turns in the market, however you have to catch it at the right time. 

I dont trust the oil markwt right now. Oil is dropping it was at 127 last night and might got below 120 before the end of the week

not every stock related to oil goes down or gets wreked by lower oil prices, besides even if it does go down prob won't be below $120 and thats 20 higher than amonth or two ago.  thats enough for me I'm long MXC and it's one of my best positions

Great call on 'Buy MXC"

ssskrzypek:

Thank you, I'll check it out.

I think that this stock is going to take off soon