Posted by racerick on 18th of Mar 2010 at 10:22 pm
If you shorted here, near term target would be 49-49.25ish, stop
would be new high plus a few cents(like .10-.25). Intermediate
target would be 46ish - 50ma on daily
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IYR/SRS
Posted by erty on 18th of Mar 2010 at 05:23 pm
Look how narrow the BB's are on the 30 min charts
Anyone have an opinion on targets and stops
Posted by epmaruggi on 18th of Mar 2010 at 08:01 pm
If you shorted IYR here?
Safer play may be a
Posted by racerick on 18th of Mar 2010 at 10:25 pm
Safer play may be a long on SRS, more bang for your buck. Also April 6 calls are about .34
If you shorted here, near
Posted by racerick on 18th of Mar 2010 at 10:22 pm
If you shorted here, near term target would be 49-49.25ish, stop would be new high plus a few cents(like .10-.25). Intermediate target would be 46ish - 50ma on daily