If you remember this one was my short of the year back in January. Some readers are still short and asked for a chart. I don't know if this will do a "CROX" but it looks feeble still. Be careful though, if we catch a rally as I imagine there is a decent short position. As you can see, shorting the spikes has been the way to go. Always good to take some off, you can always reload later. Congrats!!!
Saturday, July 12, 2008
DECK
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About Me
- upsidetrader
- 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.
1 comments:
Thanks, J. 122 to 110 yesterday was the best trade I've had sionce the long days of CMRC in 1999. I about soiled myself. Thanks again for everything!
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