Posted by: fortunefaded June 3, 2009
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Just pointing out to people who are holding onto FEED, I had said there is huge resistance at 8. Look what happened today, FEED hit 7.92 and it closed negative, down to 7.12 with a huge sell off in the last hour. I would be hesitant to buy FEED right now. 8 is the great wall of china. If you have made some profit, it's still a good place to cash in some of that money.

Two stocks I am still holding:
REXX,
I bought it at 7.00 and 7.10. I am still holding it. I believe 7.00 has shown good support. The market is being propped up so I am not worried for being long in the short term.

FAS,
Still holding 1/3 position on FAS. Bought it at 10.30. It closed at 9.68 today. I will be out of it if it goes below 9.


Peace,
FF
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