Monday, February 18, 2008

What goes up must come down? (3 yr charts)

RIMM
PCU
FSLR
DRYS
DECK
MOS
LED ZEPPELIN

MON

POT
AAPL
GME

Disclosure: I own DRYS, FSLR & RIMM puts. Also, Led Zeppelin calls.

2 comments:

pythagoruz said...

Add MOS and PCU to that growing list of my put positions.

betweenthebars said...

A few notes on this one; 1) deck story is a bit harder to understand and i don't think the chart analysis represents the continued upside deck has/will prove to shareholders. 2) Pot,Mon,Mos while right now appear to be overbought, are still very much in bull mode so quick trades with tight stops seem more prudent to me than outright shorts. I agree on the Pcu and Rimm. Good ones to have short exposure here. I'm neutral on the others.