Tuesday, August 5, 2008

Two Setups

APA was one of my many shorts yesterday and the chart has issues. Also I never bought an airline in my life as I hate the group, but the UAUA chart looks awesome


Steve said...

They have raised their prices to compensate for fuel; many are filing for bankrupcty, and travel is not going away. Look at it as an oil put.

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.