Monday, February 4, 2008

Not Much News This Morning-2 Names

Although Asian market are much higher. Some names I am looking at on the short side are:

CERN- recently broke a 5 year trendline-target 44 then 40-would like it to bounce a bit first

CG- I would short around $82 with volume confirmation of about 1mm shares-target $70


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.