Showing posts with label dna. Show all posts
Showing posts with label dna. Show all posts

Tuesday, October 21, 2008

BNI, CME, BBH, DNA

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.