Sunday, March 2, 2008

My Favorite Short For 2008


DECK- $17 to $166 is a bit much. Looks like it could be on the verge of breaking a head and shoulders. Down 15 on huge volume Friday. I think the push lower has begun. My three month target could tag high 60's, low 70's. The uggs are cool though.

PS. CMG- posted a couple of weeks ago with a $101.50 short trigger looks ready to fail here big time!!

2 comments:

Glenn said...

I'm in for the DECK ride, you? I can't get shares of CMG, too bad.

upsidetrader said...

nice--cmg a tough one to borrow but i got lucky on some
good luck today

upside

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.