Posted by racerick on 19th of Mar 2010 at 10:55 am
It's generally always good to pick on the relatively weak stocks
if you're shorting unless you get a strong stock that's
really extended. For energy plays don't forget USO, as well as DIG
and DUG. USO plays real well usually with 15min chart usuing 50ma
crossover. Good for 2-4 day trends if oil moving.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Energy stocks
Shorting weakness in energy?
Posted by racerick on 19th of Mar 2010 at 10:55 am
It's generally always good to pick on the relatively weak stocks if you're shorting unless you get a strong stock that's really extended. For energy plays don't forget USO, as well as DIG and DUG. USO plays real well usually with 15min chart usuing 50ma crossover. Good for 2-4 day trends if oil moving.