This stock is also in MFCA08's Watchlist
| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| SDP | Equity Investment Instruments | 5.69% | n/a | 22 | 18-Nov-08 | Prior Holding |
19-Aug-08
Short Term Trade Ideas
Holding Rationale for SDP.
With the ranks of potential leadership stocks continuing to decline there has been an increase in viewers asking for some short term trade ideas to boost their portfolio returns. The following are the trades I am considering or have initiated.
USO (long) - a rebound into $102 area
EWJ (short) - a decline into the $9 area
SDP (short) - utilities have put in a perfect head-and-shoulders top
FXE (long) - looking for a gap fill at $153
I am also looking to short two Spanish banks STD and BBV.
Please note these are just short-term trades. I advise using the upcoming rebound in oil related stocks to cut positions.
Posted at 21:22 in Holding Rationales | Permalink | Comments () | Top
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