Issue #177
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For all members:
SELL ALL of your shares of ENSERVCO Corporation, symbol ENSV, at a limit price of $1.52 or better, good till cancelled. |
Dear Member,
Energy stocks continue to head lower along with the price of oil, so I am recommending you cut your losses on ENSV. This is still a great company and I will look to get back in when energy prices stabilize. For now, place a limit order to sell all of your shares at $1.52 or better, good till cancelled.
Natural gas continues to be volatile and last week you were stopped out of your UNG position at a small loss. I will be looking to get you back in for the next leg up in natural gas, which should be soon. But wait for my signals.
Continue to hold your two inverse equity ETFs positions – RWM and QID, with their related stops. The markets are getting VERY TOPPY, with several important technical divergences developing.
Meanwhile, gold and silver have another shot at a short-term rally, but as noted previously, I will be looking to use that rally to re-establish some bear positions.
Stay tuned and best wishes,
Larry
