Yesterday sold short XLI at 26.90.
This morning, placing limit order to short BA at 53.16 or better.
Market should open up. Looks like a good time to "fade the gap".
If market keeps going up, will quickly get stopped out for small loss.
On the other hand, should market decline, it could be wait we are waiting for!
Mentor Capital (MNTR) is a stock I am interested in. They have financial ties to a bio-tech company on the verge of releasing a phenomenal breast cancer treatment that is safer and less traumatic than existing treatments. The marketing of this treatment could lead to stock price gains for Mentor Capital shareholders according to a report at http://breastcancerinvesting.com/investor.shtml
Posted by: mlgreen8753 | 09/22/2009 at 09:08 PM