Thanks, Frank! I especially like the second one (a 2% risk).
Although I don't much like shorting stocks in uptrend, I admit I
can't resist the low risk-to-reward on this one, especially given
the fact that the market could top here and head down for a
while.
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Car rental shorts
Posted by frank on 23rd of Dec 2009 at 10:57 am
CAR - Avis Budget Group ( stop at $ 14.15 )
DTG - Dollar Thrift Automotive. ( stop at $ 27.50 )
Both double tops. Low risk shorts with stops at double top high.
Thanks, Frank! I especially like
Posted by user32 on 23rd of Dec 2009 at 11:17 am
Thanks, Frank! I especially like the second one (a 2% risk). Although I don't much like shorting stocks in uptrend, I admit I can't resist the low risk-to-reward on this one, especially given the fact that the market could top here and head down for a while.