These names are all on their 50 day moving averages or thereabouts. A breach of these levels with volume could allow some nice 10% trades on the short side. On my radar. MOO is the ETF for the sector and it can be shorted.
Tuesday, January 13, 2009
Agriculture
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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.
2 comments:
Upside
This is becoming my favorite blog out there. You have been on FIRE with your picks. Thanks for taking the time to make these posts and letting the less skilled get a glimps into your world.
You are the man!!
God bles you and your family.
MOS and AGU chart sure looks like a bear flag formation and the bottom channel was penetrated yesterday.
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