Friday, July 18, 2008

ICE


I posted ICE as a short on July 1. That was twenty points in two weeks in case your mind was wandering. I am posting the chart again because it has formed a bearish flag or pennant. It still has room to go lower.

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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.