I am not a smart man... but I know what trading is
Sunday, February 15, 2009
Shorts for Tuesday 2-17
Update: AVB was covered last week as a short opportunity and it has not disappointed... with a 6% decline so far. Tight stop would be about 50 and loose stop is closer to 54. Ride it on down.
VTR is a healthcare REIT which is hovering above support. Any drop below 22.70 could be met with a precipitous decline.
BBBY has fallen below horizontal support and has formed a bearish inverse cup-and-handle. Who really is going to buy scented candles on the eve of Armageddon? Die!
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