Hey Matt, Great site, I am

    Posted by robbie on 1st of May 2008 at 02:57 pm

    Hey Matt,

    Great site, I am really enjoying...

    Two Questions,

    I am long TSRA, which report after hours, any advise?

    I want to short COF, (its a pig) I usally short at 54, but waited, what do you think?

    Thanks, Rob

    robbie - thanks for the feedback! 

    Posted by matt on 1st of May 2008 at 03:09 pm

    robbie - thanks for the feedback!  Regarding COF, it's near breakout.  The 200 day MA is right overhead and resistance is 57.25, so you might want to have a protective stop somewhere up there.

    regarding TSRA, the chart looks fine to me, but earnings are a 50/50 proposition, so it's a gamble either way.

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