Thursday, April 17, 2008

Lower Open

Oil is still hovering around $115 and the futures are guiding lower. Could be a good set up for later on the long side. If the dollar can ever catch a rally it will make for some great set ups on the short side in the commodity space. Stocks I'm watching today from the long side are EXM and PCU. An interesting quick short set up could be MOO if the ag. stocks ever want to come in for a breather.

2 comments:

john said...

hey upsider,

welcome to feedthebull!

John Bougearel
successfultradingtips.com

upsidetrader said...

hey john

thanks buddy

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.