Friday, July 18, 2008
TRADE IDEA:WM
If you can short WM please do . No OPTIONS on this one just a plain short with a $1.05 stop.
Early plan for next week.
S&P huge number @1275. 'If' which I think we will push into this number Monday or tuesday the bulls have to respond and enforce a rally. I will look to short somewhere between 1276-1279.
I will also be taking 1/2 share of SKF long when we trade into that zone. I am looking for entry around $130 and another 1/2 share if we dip to $123.
I will also be taking 1/2 share of SKF long when we trade into that zone. I am looking for entry around $130 and another 1/2 share if we dip to $123.
TRADE CALL :BID
One for the road over the weekend . BID short here @$26.
Not a big play have a stop loss of $2, so will stop out @$28.
Have a great weekend
Not a big play have a stop loss of $2, so will stop out @$28.
Have a great weekend
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