Friday, August 22, 2008

Sold NG and KOL

I sold XTO and KOL today. Also sold CHK on Wed. So now I am out of NG stocks and KOL. Still holding UNG.
It's hard to say what cause oil up $5 yesterday and then down $6 today. But I don't want the profitable positions become losing positions, that's the reason I sold XTO,CHK and KOL. Long term, I like NG stocks and coal.
I had similar experience in AGU and MOS, after two days I bought it, both of them were like 6-10% above the price I bought, and I didn't sell. Now both of them are under water, specially MOS. Can't love a stock.

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