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

Friday, October 10, 2008

Short picks in the week

  1. short/WYNN once dropped to 51 today while LULU once dropped to 14.73 before bouncing late day. ( Shorted back WYNN around 65 & LULU around 20 today as planned -Oct 7) //WYNN once down -21.5%, LULU once down -26.4% since called this Tues.
  2. short/ENER once bounced to 46.87 on Oct 8... Posted on Oct 7: "ENER is now looking overvalued compared to others in the sector. So if it can bounce a bit to around 45~47 tomorrow it could be a good short." . It once dropped to 29.05 today//46.87 ->29.05, i.e. once down -38% within 3 days
  3. short/JRCC, once dropped to 14.26 today, called(Shorted JRCC@16.5 Target:15~14 -Oct 9). //once down -13.6% within 2 days