RGA took a turn to the downside and I closed my position and updated my initial analysis with results. See "RGA: Bullish on reinsurance".
I analyzed NGG today as a potential bull play but decided not to take the trade, outlining the reasons in my analysis, "NGG: Distributing power".
My trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.