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Monday, March 26, 2007

My Uranium Holdings Update

Summary

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Many of the components of my uranium index looks like they are going to gap up above Friday's Highs. I will be updating the stops to my holdings as follows:

PDN: tight stop @8.70
UEX: stop @5.90 - this will indicate that the breakout has failed.
RSC: another tight stop @3.00 - this is a pyschologically important support level
STM: raised stop: should be 4.50, but I want to protect profits; my stop will be 4.60
EMC: stop @13.53
LAM: this guy is going to gap up, so my stop will be Friday's HoD @13.18

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