Riding the Waves

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I do not pretend that this happens often, but I have been riding the ETF waves – particularly with energy – pretty much flawlessly this week. Every energy call I've made has worked out well. I put on an irresponsibly large position in DUG yesterday, and I just closed it out for a great profit. I have DUG in two other accounts still (a smaller position in each), so it's not like I'm an energy bull again. I'm just taking partial profits.

My biggest dollar gainer in my 401-K is SRS, and I'm hanging on to it. If we can break above this little resistance level, it's off to the races.

0710-srs