Posted on Tuesday, 21st October 2008 by Steve Warshaw
Today was a perfect example of taking advantage of a counter trend rally as a perfect entry point for a trade with the trend
Yesterday, MON was up almost 9%, however, during the recent counter trend rally, all up days have been on much lower volume the down days. Yesterday’s rise left the downward trend line [...]
Tags: mon, monsato, pick, short, stock, update
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Posted on Friday, 10th October 2008 by Steve Warshaw
On July 29th, 2008, I recommended MDU short at $31.26.
With today’s close at $18.60, and the overall markets reaching levels of support, I’m recommending this trade be closed for a net profit of $12.66 or 40%!
Tags: alert, mdu, pick, profit, short, stock
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Posted on Wednesday, 8th October 2008 by Steve Warshaw
In my hot stock picks article on September 18th, I recommended 2 stocks for a short:
MTZ
COST
MTZ:
On September 18th, 2008, MTZ was trading between $14 and $15. I sent out a recommendation when the stock as was $14.56, entering a large area of resistance. Today I closed the trade at $9.89 for a total profit of $4.70 [...]
Tags: COST, hot stock pick, MTZ, pick, short, stock
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