Site Meter The Lawyer Trader: I Need a Hero

Wednesday, December 22, 2010

I Need a Hero

Energy has been gaining momentum and I'm starting to see some substantial price action in many of the names that I follow.  One in particular is Hercules Offshore...with the ticker HERO.

I'll be waiting for a substantial pull back before looking to get in this stock.  You have to find a point where you can manage risk, and I don't see that right now.  Energy is lighting up and several names on my watchlists are really moving including:  PDC, EP, CWEI, HAWK, ATPG and GEOI.

Have a great Wednesday!

TLT

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