Here’s a potential short that we are looking to jump on should we get the green light. We’ve issued this to our subscribers this morning, with the entry, stop-loss, and target price. The stock’s run up in price has been on no significant news, and has no earnings to speak of. Once the breakdown triggers, we will take full advantage of this one. If you want to know the exact parameters that we are using, then become a member by clicking here .
By the way, futurs are looking pretty nasty now that the bailout plan is falling through the cracks, but it wouldnt’ surprise me if the fed gets something done over the weekend. Dow: -163, Nasdaq: -21, S&P: -21 as of this writing. Gotta love a market that trades based on the actions of Uncle Sam (that’s a joke!).
Here’s the chart on STC
