BluelightNewsletter

Disclaimer: My personnal opinion is for your entertainment only & should not be used as advice on your decision. I may sell or buy (to cover) my holding according to the market movement. I am not a licensed financial advisor. Please always do your own DD. Set protective stops & not be too greedy. You are responsible for your own decision. I wish you good luck trading. -Blue

Tuesday, June 24, 2008

Some shorts: FED PACW MI LEN

  1. FED, once dropped to 9.12 on Jun 11, called(Shortible FED@13.3, Target later -Jun10)//Once down -31.5% within 2 trading days //today new low: 8.83
  2. PACW, once dropped to 15.01 today, called(Shorted PACW@19.1 Target: 18.9, 18 stop: 20 //low volume, so better short small amount -Jun11)//Once down -21.4% within 10 trading days.
  3. MTH, once dropped to 14.84 on Jun 13, called(Shorted MTH@15.92 Target:15.5, 13.8, 13 stop: 17.4 -Jun11)//Once down -6.8% within 3 trading days
  4. WB, once dropped to 16.15 on Jun 18, called(Shorted WB@17.78 Target:17.2, 16.8 stop:19 -Jun 13)// Once down -9.2% within 4 trading days
  5. MI, once dropped to 15.92 today, called(Shorted MI@18.4, Target:17.2, 16.6 stop:19 -Jun 13)//Once down -13.5% within 8 trading days