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.
Showing posts with label goog moo fslr. Show all posts
Showing posts with label goog moo fslr. Show all posts
Tuesday, January 13, 2009
Agriculture
Friday, April 18, 2008
We Could Knock Out Dow and S&p Resistance Here
Everything looks higher led by finacials and the GOOG news. In pre market the ag stocks look weak, interesting to see if they join the rally later. If not MOO short could be interesting again. The dollar is stronger here and I am looking at a possible USO short, long DUG and long DZZ (double short gold etf) Good luck.
Thursday, April 17, 2008
Healthy Consolidation Day
Leaving early today but keep an eye on GOOG as they report after the close. I think they miss, but that's just me, and it promises to be volatile either way. Those ad clicks just aren't what they used to be so we will have to synthesize the spin later.The ag. stocks sold off as I mentioned in the morning blog and I traded MOO for a quick point short. I didn't take it home because even though the group is weak today, they are not going out at the lows of the day. The solars got torched and FSLR gave back a quick $10.
Subscribe to:
Posts (Atom)
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.
