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Holding: MA

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Symbol Sector Return Exposure Trades Last Trade Status
MA Consumer Finance 5.27%  n/a 2  09-Jul-08  Prior Holding
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06-Jul-08

MA: Highly rated, but shorted on the basis of topping chart pattern

Holding Rationale for MA.

...Which looked rather like a Head and Shoulders top.  IBD still rates MA an A overall, but its Acc/Dis has sunk to a D+. Basically, I shorted it in spite of its overall rating, rather than because of it. My stop is at 290.10.

Tagged Stocks: MA

 

Posted at 12:21 in Holding Rationales  |   Permalink  |   Comments (0)     |  Top

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Credibility in MA

Don_Bartell

MA Out
Rank 31/92
Return 5.27% at 2008-08-21
Rank 31/92
Trades 2
Followers 149
 

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