For the most part, to short at these levels would be irresponsible...unless you can do so with little risk. For two short-term, low-risk setups I still like the following:
BNI resistance at 85/86
CME short below 310
I'm not in love with biotechs here either.
DNA
BBH
Longer term (Q4) some of the commodity stocks have room to run - Ag, Steel, Coal.
Consider RATIO SPREADS once you understand the risk.
Tuesday, October 21, 2008
BNI, CME, BBH, DNA
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment