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13 Aug

egregious drivel from oldmantrader

http://www.investmenttools.com/futures/bdi_baltic_dry_index.htm The Baltic Dry Index continues to head lower. Shorting DRYS here with a stop a point above the 20ema

06 Aug

oldmantrader- revisiting short on DRYS

reshorting DRYS here with a stop just above 70 and looking for a retest of the recent lows. Stock is running into 50% level of the high volume bar from two days ago, those sellers should reemerge. Volume is relatively light today. on another note PCX is a bitch

30 Jul

oldmantrader- going long “the beast” that is PCX

(ACI: 54.24 -2.09%) Arch Coal, Inc. and (BTU: 62.95 -3.26%) Peabody Energy Corporation seem to be bouncing - can (PCX: 59.96 +0.32%) Patriot Coal Corporation be far behind? Going long at 129 with a stop at 127 and a target of 135. some resistance at 129.35 but after that it should [...]

28 Jul

Oldmantrader- shorting PCX

Shorting PCX here  with a stop just above the high of the day.  Will look to add on a break of 130.50 with volume. Very tough stock. If it closes near the lows of the day will hold overnight.

28 Jul

oldmantrader- shorting DRYS

Baltic Dry Index has hit a three month low - can DRYS be far behind?- stop loss 76 , initially target of 71 then 68

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