Wednesday, August 15, 2007

Another Short play

Just got an alert on UAUA. Broke below 200MA.

I will enter a 1/2 swing short on move below $39.80. My Stop Loss for this short will be $42.50

Am a little nervous here this morning. The overall trading volume is weak. Market really can't decide where it wants to go. Taking a long or a short these days is risky but I am going to go by the charts

1 Comment:

Anonymous said...

Chuck, What is you final 1/2 entry point for UAUA and your projected gain.

Michael
mbgaleone@yahoo.com

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