Wednesday, September 13, 2006

Tipple witching - feels like it...

Decided to take a break from the market this week and to set aside some cash for good short setups, but could not stay away from the charts, so here some ideas for you - market warriors!

short: NSR (if it'll go back up to 29 and goes down after that )
FMCN ( could be a quick ride in the down market to 51 and if it breaks res. - much further down )

Long: ASIA AVCI BKI ISIG ( 2 risky ones IMGN and AVGN - use very tight stops, with these I'd rather reopen position multiple times if I like it then get caught holding the bag - it'll be heavy -commit small amounts if any )