martes, 15 de julio de 2008

Curve your enthusiasm!

As yesterday, today you can find pessimistic headlines talking once again about housing problems: let´s face it, the end is not even close. You should probably thank me if I come with some " trading-bulls eye-tip". Ok here you go some of the stocks I´ve been insisting on are by now in the money for those who took short positions on this big movers:
Flowserve
Walter industries
Unit corp
Valmont industries
Priceline.com

All this stocks are high price/high volatility stocks where a 10% movement results in a dramatic change in taken positions, and as any Fibonacci will tell you almost all of them are far away from its 50% barrier, so, there is a much road down the hill to go. Nothing Like King Kong taking some time to watch Big Sam Struggling.