14 January 2008

14-1-08 : Counters worth a short

Just a summary of stock short plans :
GS : short @ 208 / 198
AAPL : short @ 168
RIMM : short @ 96 / 94

tats all.

14-1-08 : DJ is bearish

Dow Jones is now 12606.30.
It has broken below 12800 support.
Next support = 12430.

If rebound to 12800
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12750 is a good place to short.
12650 cut
12550 profit
r:r = 1:2

if fall below 12600
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12590 short
12640 cut
12490 profit
r:r = 1:2

daily
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15min
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14-1-2008 : S&P is bearish.

S&P bounce back to above 1400. But i remain bearish on the index. The plan is to short it at appropriate point.

Depending on how the index move on Mon, we look for a few areas to short :
(1) Up to 1420, and fall down again then short at 1415
(2) Below 1400, short @ 1390
(3) Below 1380, short @ 1375

daily
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15min
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