I never bet against the trend gmac. Stick a 50 day simple moving average on the MGW daily chart and tell which way this you think it's heading. Although, I have been wrong before.
Don't discount the power of the short either. BOL,SUN (both closed trades) & GPT have been some of my best performers over the last few months. Along with JBM (closed), AMA & CSL on the long side.
Hope you had your stop loss in place on MKY, 32% is too much to be giving back.
MGW
mcguigan simeon wines limited
